Meaning & Definition of word "Surplus"
Surplus
/ˈsɜr.pləs/
noun:
- 1. An amount of something left over when requirements have been met; an excess.
- Example: The budget surplus allowed the government to invest in infrastructure projects.
- 2. The amount of a commodity or resource that exceeds the amount needed.
- Example: There was a surplus of crops this season, which led to lower prices in the market.
adjective:
- 1. More than what is needed or usual.
- Example: They had a surplus supply of materials, so they donated the extra goods to charity.
- 2. Exceeding what is necessary; additional.
- Example: The surplus funding will help us expand the program to reach more students.
Etymology
●Late Middle English: from Old French surplus, from Latin surplus 'remaining', from super- 'above' + plus 'more'.
Common Phrases and Expressions
trade surplus:
A situation in which a country exports more than it imports.
budget surplus:
A financial situation where revenue exceeds expenditures.
surplus value:
The value added by labor to a product beyond the cost of production.
Related Words
deficit:
A deficiency in amount or quality.
excess:
More than necessary, permitted, or desirable.
abundance:
A very large quantity of something.
Slang Meanings of surplus
Meaning: Surplus energy
● Example Sentence: After a long run, I have so much surplus energy that I could dance all night.
Meaning: Surplus cash
● Example Sentence: I have some surplus cash, so I'm thinking of investing.