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Sep 19, 2024 · A surplus describes the amount of an asset or resource that exceeds the portion needed and used. A surplus can refer to income, profits, capital, and goods. A surplus...
noun [ C or U ], adjective. uk / ˈsɜː.pləs / us / ˈsɝː.pləs / Add to word list Add to word list. C2. (an amount that is) more than is needed: The world is now producing large food surpluses. We are unlikely to produce any surplus this year. The government has authorized the army to sell its surplus weapons.
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The meaning of SURPLUS is the amount that remains when use or need is satisfied. How to use surplus in a sentence.
A surplus defines the sum of an asset or resource over the portion that is actively used. It may refer to a host of different things, such as sales, income, resources, and products. It defines the items of inventories that remain unused, unbought, or on store shelves. A surplus arises in financial situations when the income received exceeds the ...
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.
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.
Sep 21, 2024 · A surplus refers to an excess of an asset or resource that surpasses the portion that is actively used. Whether it involves goods, capital, or income, a surplus impacts the market by disrupting the balance between supply and demand. It can lead to financial benefits for some and losses for others.
Surplus is used to describe something that is extra or that is more than is needed. Few people have large sums of surplus cash. I sell my surplus birds to a local pet shop. The houses are being sold because they are surplus to requirements. Synonyms: extra, spare, excess, remaining More Synonyms of surplus. 3. countable noun [usually noun NOUN]
Surplus refers to an excess of production or supply over demand. Economic surplus is made of two parts, consumer surplus and producer surplus, and is a measure of market...
