surplus

American  

[sur-pluhs, -pluhs] / ˈsɜr plʌs, -pləs /

noun

1. something that remains above what is used or needed.

   Synonyms:

   superabundance

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.

   1. 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.

   2. an amount of assets in excess of what is requisite to meet liabilities.

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adjective

1. being a surplus; being in excess of what is required.

   surplus wheat.

verb (used with object)

surplussed, surplused, surplussing, surplusing

1. to treat as surplus; sell off; retire.

   The government surplussed some of its desert lands.

surplus British  

/ ˈsɜːpləs /

noun

1. a quantity or amount in excess of what is required

2. accounting

   1. an excess of total assets over total liabilities

   2. an excess of actual net assets over the nominal value of capital stock

   3. an excess of revenues over expenditures during a certain period of time

3. economics

   1. an excess of government revenues over expenditures during a certain financial year

   2. an excess of receipts over payments on the balance of payments

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adjective

1. being in excess; extra

surplus Cultural  

1. 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.)

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Related Words

See remainder.

Etymology

Origin of surplus

First recorded in 1325–75; Middle English, from Old French surplus, s(o)urplus, from Medieval Latin superplūs, equivalent to super- preposition and prefix + plūs neuter noun; super-, plus

Example Sentences

This surplus provides flexibility to expand lending activity while also supporting increased capital return through share buybacks and dividends.

From MarketWatch

The surplus boxes, which arrived at the weekend, would normally have been returned to the mainland but high winds and subsequent ferry disruption meant this was not possible.

From BBC

Nike has tried to sell off a surplus of unwanted casual sneakers and make its e-commerce site a destination for more premium fare.

From MarketWatch

This has allowed the government to run a budget surplus which gives it more capacity to support households and businesses.

From BBC

When oil markets return, countries will be buying crude in surplus.

From Barron's

Related Words

• excess
• leftover
• unused