surplus value
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noun
(in Marxian economics) the part of the value of a commodity that exceeds the cost of labor, regarded as the profit of the capitalist.
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Nearby words
- surname,
- surpass,
- surpassing,
- surplice,
- surplus,
- surplusage,
- surprint,
- surprisal,
- surprise,
- surprise party
Origin of surplus value
First recorded in 1885–90
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019