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

These so-called affiliated investments now amount to an average 76% of surplus, the cushion left over after liabilities are subtracted from assets, A.M.

From The Wall Street Journal

Analysts at French investment banking firm Natixis Research published a report Thursday which warned that declining current account surpluses will weaken Asian currencies, raising inflation expectations and lead to tighter financial conditions.

From MarketWatch

Its exporters have powered the country to a $1.2 trillion surplus with the world.

From The Wall Street Journal

Despite his tariffs, Japan still maintains a large bilateral trade surplus, especially in the automobile sector.

From Barron's

While Martin’s government faces a range of domestic problems, including a worsening housing crisis and a patchwork health care system, it also has loads of money and a huge budget surplus.

From Salon

Related Words

• excess
• leftover
• unused