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surplus meaning

[ 'sə:pləs ] Pronunciation:   "surplus" in a sentence
  • Noun: surplus  surplus
    1. A quantity much larger than is needed
      - excess, surplusage, nimiety
    Adjective: surplus  surplus
    1. More than is needed, desired, or required
      "surplus cheese distributed to the needy"
      - excess, extra, redundant, spare, supererogatory, superfluous, supernumerary

    Sounds like: surplice

    Derived forms: surpluses

    See also: unnecessary, unneeded

    Type of: overabundance, overmuch, overmuchness, superabundance

    Encyclopedia: Surplus Surplus,Supply and demand


  • [Business]
    AmE / noun, adjective

    noun [C,U]

    ECONOMIC SURPLUS, EXTERNAL SURPLUS, BUYER'S SURPLUS, CONSUMER SURPLUS, STRUCTURAL SURPLUS, TRADE SURPLUS

    1

    an amount that is extra or more than you need:

    a surplus of housing

    The area has large job surpluses, requiring 10 000 people to fill available posts.

    Skilled workers are in surplus in some regions.

    SYN GLUT OPP SHORTAGE

    2 (Accounting ; Economics )

    the amount by which money that a government or business receives is greater than the amount of money spent in a particular period of time:

    The country has a huge budget surplus as it is a large oil exporting nation.

    The balance of payments was in surplus last year

    (= the value of exports was greater than the value of imports).

    The final-salary pension plan still has a healthy surplus.

    Venezuela's second-quarter current account surplus was up 3.4%.

    DEFICIT See note at PROFIT

    adjective

    more than is needed or used:

    surplus cash/funds

    Surplus grain is being sold for export.

    These items are surplus to requirements (= not needed).

    The industry is suffering from surplus capacity (= it can produce more than is needed) across the world.

    The company is to return $2 million of surplus capital to shareholders.


  • [Economics]
    See budget surplus, consumer surplus, current account surplus, export surplus, and producer's surplus

  • [Finance]
    A situation in which assets exceed liabilities, income exceeds expenditures, exports exceed imports, or profits exceed losses.

Examples

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  1. the enemy had a surplus of refining capacity.
  2. the accounts show a surplus of 2,000 yuan.
  3. this food is surplus to requirements.
  4. india had a large surplus of wheat in 1985.
  5. no surplus of accumulated purchasing power stands.

Related Words

  1. surpassingly meaning
  2. surpassingness meaning
  3. surpic meaning
  4. surplice meaning
  5. surpliced meaning
  6. surplus funds meaning
  7. surplus management meaning
  8. surplus property meaning
  9. surplus spending unit meaning
  10. surplus value meaning
PC Version