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surplus

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sur⋅plus

[sur-pluhs, -pluhs] noun, adjective, verb, -plussed or -plused, -plus⋅sing or -plus⋅ing.
–noun
1. something that remains above what is used or needed.
2. an amount, quantity, etc., greater than needed.
3. agricultural produce or a quantity of food grown by a nation or area in excess of its needs, esp. such a quantity of food purchased and stored by a governmental program of guaranteeing farmers a specific price for certain crops.
4. Accounting.
a. 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.
b. an amount of assets in excess of what is requisite to meet liabilities.
–adjective
5. being a surplus; being in excess of what is required: surplus wheat.
–verb (used with object)
6. to treat as surplus; sell off; retire: The government surplussed some of its desert lands.

Origin:
1325–75; ME (n.) < OF < ML superplus, equiv. to super- super- + plus plus


1. superabundance. See remainder.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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sur·plus   (sûr'pləs, -plŭs')   
adj.  Being more than or in excess of what is needed or required: surplus grain. See Synonyms at superfluous.
n.  
  1. An amount or a quantity in excess of what is needed.

  2. Accounting

    1. Total assets minus the sum of all liabilities.

    2. Excess of a corporation's net assets over the face value of its capital stock.

    3. Excess of receipts over expenditures.


[Middle English, an excess, surplus, from Old French, an excess, from Medieval Latin superplūs : Latin super-, super- + Latin plūs, more; see pelə-1 in Indo-European roots.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Cultural Dictionary

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.)

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

surplus 
c.1374, from O.Fr. surplus, from M.L. superplus "excess, surplus," from L. super "over" super + plus "more" (see plus).
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

Surplus

A situation in which assets exceed liabilities, income exceeds expenditures, exports exceed imports, or profits exceed losses.

Investopedia Commentary

A surplus is the opposite of a deficit. When a country exports more then it imports, it is said to have a trade surplus.

Related Links

Understanding The Capital And Financial Accounts In The Balance Of Payments
Understanding The Current Account In The Balance Of Payments
What Is The Balance Of Payments?

See also: Asset, Deficit, Income, Liability, Profit

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

surplus

  1. Equity in excess of par value. Surplus includes additional paid-in capital and retained earnings.

  2. See retained earnings.


Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: sur·plus
Pronunciation: 's&r-"pl&s
Function: noun
1 a : an amount that remains when a use or need is satisfied b : an excess of receipts over disbursements 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
capital surplus
: all surplus other than earned surplus
earned surplus
: the surplus that remains after deducting losses, distributions to stockholders, and transfers to capital stock accounts
paid–in surplus
: surplus resulting from the sale of stock at amounts above par
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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