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Aug 29, 2023 · A surplus describes the amount of an asset or resource that exceeds the portion that's actively utilized. A surplus can refer to a host of different items, including income, profits, capital,...
a surplus of sth The plant had a surplus of components. ACCOUNTING , ECONOMICS the amount of money that you have left when you sell more than you buy , or spend less than you receive :
The meaning of SURPLUS is the amount that remains when use or need is satisfied. How to use surplus in a sentence.
the amount of money you have left when you sell more than you buy, or spend less than you own: a budget / trade surplus. Fortunately the company's bank account is currently in surplus. Fewer examples. A surplus of corn has helped depress the grain market. The chemical industry has a large and growing trade surplus.
Surplus definition: something that remains above what is used or needed.. See examples of SURPLUS used in a sentence.
Definition of surplus noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Not-for-profit institutions treat a surplus of operating revenues over operating costs as a profit that they are not supposed to make. A surplus is an excess of revenue over expenditure during a particular accounting period.
surplus to something These items are surplus to requirements (= not needed). Word Origin late Middle English: from Old French sourplus , from medieval Latin superplus , from super- ‘in addition’ + plus ‘more’.
the amount by which the amount of money received is greater than the amount of money spent a trade surplus of $400 million The balance of payments was in surplus last year (= the value of exports was greater than the value of imports).
Nov 5, 2021 · Definition. A surplus occurs when the amount of a good or assets exceeds the quantity actively used. If a firm supplies one 1,000 Christmas Trees, but there is demand for only 400, then it will have a surplus of 600 unsold Christmas Trees.
