surplus

[ sur-pluhs, -pluhs ]
/ ˈsɜr plʌs, -pləs /

noun

something that remains above what is used or needed.
an amount, quantity, etc., greater than needed.
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.
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.

adjective

being a surplus; being in excess of what is required: surplus wheat.

verb (used with object), sur·plussed or sur·plused, sur·plus·sing or sur·plus·ing.

to treat as surplus; sell off; retire: The government surplussed some of its desert lands.

Origin of surplus

1325–75; Middle English (noun) < Old French < Medieval Latin superplus, equivalent to super- super- + plus plus

WORDS THAT MAY BE CONFUSED WITH surplus

surplice surplus

Example sentences from the Web for surplus

British Dictionary definitions for surplus

surplus
/ (ˈsɜːpləs) /

noun plural -pluses

a quantity or amount in excess of what is required
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
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

adjective

being in excess; extra

Word Origin for surplus

C14: from Old French, from Medieval Latin superplūs, from Latin super- + plūs more

Cultural definitions for surplus

surplus

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.)