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surplus value

American  

noun

  1. (in Marxian economics) the part of the value of a commodity that exceeds the cost of labor, regarded as the profit of the capitalist.

Etymology

Origin of surplus value

First recorded in 1885–90

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.