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

China’s foreign-exchange reserves rose in December amid a weaker dollar, wrapping up a year marked by a ballooning trade surplus that has renewed debate over the tightly managed Chinese yuan.

From The Wall Street Journal

“Meanwhile, amid an oil market surplus, Saudi Arabia cut its official selling price for all grades and regions for February loadings.”

From Barron's

At the school's supper club, pupils learn how to prepare a meal and can then take it home for their families, along with any surplus ingredients.

From BBC

Crude oil prices are still expected to remain low this year as there is a significant and growing supply surplus but not enough demand.

From The Wall Street Journal

Energy Information Administration, and major investment banks were converging on a projected surplus of roughly 1.5 to two million barrels a day in 2026.

From Barron's

Related Words

• excess
• leftover
• unused