surplus

Definitions (6)
Related Terms
1. Extent to which generation of goods, services, and resources (such as capital) exceeds their consumption. Surplus of resources is the bedrock on which capitalism is built.
2. Goods that are in excess of the requirement and cannot be returned to the vendor for credit, but are useful for some purpose.
4. Unusual situation in a government budget where revenue exceeds expenditure.
5. Alternative term for capital surplus.
6. Alternative term for retained earnings.

Use 'surplus' in a Sentence

If you have a surplus of your product a good way to get rid of it is to have a sale that will draw more customers.
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When someone uses the word "surplus", they are referring to the opposite of the word "deficit"; which is used to describe a shortfall in goods, services, or money.
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If you ever find your product to be in a surplus you may have to cut the prices or have a sale to get rid of the over stock.
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Notable Quotable

Surplus Wealth
"Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community."
- Andrew Carnegie


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