FAQs
Surplus means in general that the sum or balance of positive and negative amounts is positive, or that the total of positives is larger than the total of negatives.
What is the simple definition of surplus? ›
1. : the amount more than what is required or necessary : excess. 2. : an excess of income over spending. surplus adjective.
What does there is a surplus mean? ›
In simple terms, a surplus means the amount of something – be it an asset or a resource – which is over and above the amount that is actually being used.
What is the other meaning of surplus? ›
surplus (adjective as in extra) Strongest matches. excess leftover unused. Strong matches. over spare supernumerary.
What does surplus mean in vocabulary? ›
The word surplus has familiar parts: sur- is a shortened form of super, meaning "extra" or "additional," and plus just means "more." Definitions of surplus. a quantity much larger than is needed. synonyms: excess, nimiety, surplusage. type of: overabundance, overmuch, overmuchness, superabundance.
What does "in surplus" mean? ›
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.
Is surplus good or bad? ›
Having a surplus can be beneficial because those funds can be used to pay off debt or fund new investments. But there are risks to running a surplus, which include increased taxation or pricing and a loss of revenue.
What is surplus in Bible? ›
Let's look at verse 11 in the Amplified Bible, Classic Edition. It says, “The LORD shall make you have a surplus of prosperity.” A surplus is the amount left over when all requirements have been met. It's called excess, abundance, extra and left over. This surplus of prosperity belongs to you and me.
What is surplus in one sentence? ›
A surplus is an excess of total assets over total liabilities. A charity's surplus at the end of a financial year is not liable to taxation.
Does surplus mean extra? ›
Surplus is used to describe something that is extra or that is more than is needed. Few people have large sums of surplus cash.
A Market Surplus occurs when there is excess supply- that is quantity supplied is greater than quantity demanded. In this situation, some producers won't be able to sell all their goods.
What is surplus Oxford dictionary? ›
/ˈsərplʌs/ [countable, uncountable] 1an amount that is extra or more than you need food surpluses Wheat was in surplus that year. Definitions on the go. Look up any word in the dictionary offline, anytime, anywhere with the Oxford Advanced Learner's Dictionary app.
What is a simple definition of surplus? ›
something that remains above what is used or needed. Synonyms: superabundance. an amount, quantity, etc., greater than needed.
What is a surplus in legal terms? ›
surplus n. 1 a : an amount that remains when a use or need is satisfied. b : an excess of receipts over disbursem*nts. c : the value of assets after subtracting liabilities. 2 : an excess of the net worth of a corporation over the par value of its capital stock compare undivided profits.
What is the meaning of surplus in social? ›
What Is Social Surplus? Social surplus are the total benefits gained by sellers and buyers in a market. It's also called total surplus, gains from trade, or economic surplus. It is equal to the sum of consumer surplus and producer surplus.
What is a surplus in your own words? ›
Surplus is the amount of an asset or resource that exceeds the portion that is utilized.
What is a surplus simple example? ›
Consumer surplus is the benefit or good feeling of getting a good deal. For example, let's say that you bought an airline ticket for a flight to Disney World during school vacation week for $100, but you were expecting and willing to pay $300 for one ticket. The $200 represents your consumer surplus.
