surplus value


noun
  1. (in Marxian economics) the part of the value of a commodity that exceeds the cost of labor, regarded as the profit of the capitalist.

Origin of surplus value

1
First recorded in 1885–90

Words Nearby surplus value

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use surplus value in a sentence

  • The economists of the capitalist era talk solely of the means and ways by which profit and surplus value may be increased.