(Entry 1 of 2) 1a : the amount that remains when use or need is satisfied . b : an excess of receipts over disbursements. 2 : the excess of a corporation’s net worth over the par or stated value of its stock.
What is the definition of surplus in science?
something that remains above what is used or needed . an amount, quantity, etc., greater than needed. ... an amount of assets in excess of what is requisite to meet liabilities.
What is surplus in simple words?
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, and goods. In the context of inventories, a surplus describes products that remain sitting on store shelves, unpurchased.
What is surplus in a sentence?
Surplus sentence example. The surplus for the year amounted to 65,000,000 lire . In the lean years, harvests are small and farmers sometimes don’t even produce enough to have surplus to sell.
What is Surplassed?
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.
Is surplus good or bad?
Budget surpluses are not always beneficial as they can create deflation and economic growth. Budget surpluses are not necessarily bad or good , but prolonged periods of surpluses or deficits can cause significant problems.
What is an example of a surplus?
A surplus is when you have more of something than you need or plan to use. For example, when you cook a meal , if you have food remaining after everyone has eaten, you have a surplus of food. You can choose to throw the food out, stockpile it, or try to find someone else, like a neighbor, who wants to eat the food.
Where does the word surplus come from?
surplus (n.)
late 14c., from Old French sorplus “remainder, extra” (12c., Modern French surplus), from Medieval Latin superplus “excess, surplus,” from Latin super “over” (see super-) + plus “more” (see plus). As an adjective from late 14c.
What is meant by surplus money?
Money remaining after all liabilities, including taxes, insurance, and operating expenses, are paid. Having surplus funds means that a company has made a profit or perhaps that it has completed a project under budget .
How do you use the word surplus?
- Since we do not need our surplus clothing items, we will donate them to charity.
- The car dealership is holding a huge sale to get rid of its surplus vehicles.
- Because Ann works out seven days a week and eats a healthy diet, she has no surplus fat on her small frame.
What are some surplus words?
- excess,
- extra,
- redundant,
- spare,
- supererogatory,
- superfluous,
- supernumerary.
What is a overabundance mean?
: a large surplus : excess an overabundance of options Between the women’s movement and the first large wave of baby boomers, the career track was suddenly clogged with an overabundance of qualified people.—
How do you calculate surplus?
While taking into consideration the demand and supply curvesDemand CurveThe demand curve is a line graph utilized in economics, that shows how many units of a good or service will be purchased at various prices, the formula for consumer surplus is CS = 1⁄2 (base) (height) . In our example, CS = 1⁄2 (40) (70-50) = 400.
What does it mean to surplus a teacher?
Simply stated, a “surplus teacher” is a staff member who is no longer needed, in the school in which they currently teach, but is needed to teach elsewhere in the District .
What is the past tense of surplus?
The past tense of surplus is surplussed or surplused . The third-person singular simple present indicative form of surplus is surpluses or surplusses. The present participle of surplus is surplussing or surplusing. The past participle of surplus is surplussed or surplused.
How does surplus affect the economy?
A surplus implies the government has extra funds . These funds can be allocated toward public debt, which reduces interest rates and helps the economy. A budget surplus can be used to reduce taxes, start new programs or fund existing programs such as Social Security or Medicare.
