Surplus (noun) Definition, Meaning & Examples

noun
  1. something that remains above what is used or needed.
  2. an amount, quantity, etc., greater than needed.
  3. agricultural produce or a quantity of food grown by a nation or area in excess of its needs, especially such a quantity of food purchased and stored by a governmental program of guaranteeing farmers a specific price for certain crops.
  4. Accounting.
    • the excess of assets over liabilities accumulated throughout the existence of a business, excepting assets against which stock certificates have been issued; excess of net worth over capital-stock value.
    • an amount of assets in excess of what is requisite to meet liabilities.
adjective
  1. being a surplus; being in excess of what is required: surplus wheat.
verb (used with object), sur·plussed or sur·plused,sur·plus·sing or sur·plus·ing.
  1. to treat as surplus; sell off; retire: The government surplussed some of its desert lands.
noun plural -pluses
  1. a quantity or amount in excess of what is required
  2. accounting
    • an excess of total assets over total liabilities
    • an excess of actual net assets over the nominal value of capital stock
    • an excess of revenues over expenditures during a certain period of time
  3. economics
    • an excess of government revenues over expenditures during a certain financial year
    • an excess of receipts over payments on the balance of payments
adjective
  1. being in excess; extra
Surplus (noun) Definition, Meaning & Examples

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