[ek-ses prof-its] /ˈɛk sɛs ˈprɒf ɪts/
a tax on the profits of a business enterprise in excess of the average profits for a number of base years, or of a specified rate of return on capital.
noun, Physics. 1. (def 1). noun, Physics. 1. Also called excess sound pressure, instantaneous sound pressure. the difference between the pressure at a point in a medium through which a sound wave is passing and the static pressure of the medium at that point. 2. .
- Excess supply
noun 1. (economics) a situation in which the market supply of a commodity is greater than the market demand for it, thus causing its market price to fall
1. . 2. . jargon /eks’ch*/ or /eksch/ To exchange two things, each for the other; to swap places. If you point to two people sitting down and say “Exch!”, you are asking them to trade places. EXCH, meaning EXCHange, was originally the name of a PDP-10 instruction that exchanged the contents of a register […]
[iks-cheynj] /ɪksˈtʃeɪndʒ/ verb (used with object), exchanged, exchanging. 1. to give up (something) for something else; part with for some equivalent; change for another. 2. to replace (returned merchandise) with an equivalent or something else: Most stores will allow the purchaser to exchange goods. 3. to give and receive reciprocally; interchange: to exchange blows; to […]