Surplus


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
5.
being a surplus; being in excess of what is required:
surplus wheat.
verb (used with object), surplussed or surplused, surplussing or surplusing.
6.
to treat as surplus; sell off; retire:
The government surplussed some of its desert lands.
noun (pl) -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
4.
being in excess; extra

surplus definition

An unsold quantity of a good resulting from a lack of equilibrium in a market. For example, if a price is artificially high, sellers will bring more goods to the market than buyers will be willing to buy. (Compare shortage.)

Read Also:

  • Surplusage

    noun 1. something that is surplus; an excess amount. 2. an excess of words. noun 1. (law) (in pleading, etc) irrelevant matter, such as a superfluous allegation 2. an excess of words 3. a less common word for surplus

  • Surface-wave

    noun, Geology. 1. a seismic wave that travels along or parallel to the earth’s surface (distinguished from body wave). surface wave A seismic wave that travels across the surface of the Earth as opposed to through it. Surface waves usually have larger amplitudes and longer wavelengths than body waves, and they travel more slowly than […]

  • Surface-to-underwater

    [sur-fis-too-uhn-der-waw-ter, -wot-er] /ˈsɜr fɪs tuˈʌn dərˌwɔ tər, -ˌwɒt ər/ adjective 1. (of a missile, message, etc.) traveling from the surface of the earth to a target underwater. adverb 2. from the surface of the earth to a target underwater.

  • Surface-to-surface

    [sur-fis-tuh-sur-fis] /ˈsɜr fɪs təˈsɜr fɪs/ adjective 1. (of a missile, message, etc.) capable of traveling from a base on the surface of the earth to a target also on the surface. adverb 2. from a base on the surface of the earth to a target on the surface. surface-to-surface adjective 1. of or relating to […]

  • Surface-to-air

    [sur-fis-too-air] /ˈsɜr fɪs tuˈɛər/ adjective 1. (of a missile, message, etc.) capable of traveling from the surface of the earth to a target in the atmosphere. adverb 2. from the surface of the earth to a target in the atmosphere: an antimissile missile fired surface-to-air. surface-to-air adjective 1. of or relating to a missile launched […]


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