surplussur‧plus1 /ˈsɜːpləs $ ˈsɜːr-/ ●○○ noun [countable, uncountable]1TOO/TOO MUCHan amount of something that is more than what is needed or used syn excessAny surplus can be trimmed away.surplus ofa surplus of crude oil2PEPROFITthe amount of money that a country or company has left after it has paid for all the things it needsa huge budget surplus of over £16 billion →trade surplus
surplussurplus2 ●○○ adjective1TOO/TOO MUCHmore than what is needed or usedEthiopia has no surplus food.surplus cash/funds/revenuesSurplus cash can be invested.2 →be surplus to requirements
Examples from the Corpus
surplus• Anne bought a surplusArmyJeep.• Arra said Corrections has frozen all purchases of surplusequipment until a review is completed.• surplus grain• The State raised $130 million by selling off surplus land.• This will continue for as long as the surplusnutrientsremain in the water, which may be months.• It was very pale and had no expression, as though expressions were surplus to requirements.• Although Karl Marx's formulation of the theory of surplusvalue was more sophisticated, his debt to Hodgskin is unmistakable.• And the only sensible place to use the surplus water was in the San Fernando Valley.surplus cash/funds/revenues• Gradually coffee came to replace maize as the main agricultural produce of the community and foodstuffs were bought with surplus cash.• If the business is a goer, the entrepreneur moves on to the full EnterpriseAllowance system and gets back any surplus funds.• Essentially those institutions with surplus fundslend to those with insufficientfunds to meet their requirements.• FinancingdecisionsFixedassetinvestment can be funded from several sources: equity, surplus cash, loans or leasing.• Prudentialalone has surplus funds of an estimated £8 billion.• It would suit them better to use their surplus cash to aidstarving children in other countries.• When the crisis is over, any surplus funds will be donated to the Gulf Trust.• After the principal had been repaid, through the balancesheet, surplus funds would be recorded as increases in capital.From Longman Business Dictionarysurplussur‧plus1 /ˈsɜːpləsˈsɜːr-/ noun1[countable, uncountable]ECONOMICS an amount of something that is more than what is wanted, needed, or usedSugar prices fell after revised estimates of the surplus for the current crop year.surplus ofThere is a current housing surplus of approximately 500,000 properties. →budget surplus →capital surplus →consumer surplus2[countable, uncountable]FINANCE in MUTUALs (=insurance companies etc that do not have shareholders) the profit for a particular period of time, or from several periods of time, that has not been paid out to membersThe life insurance company had capital and surplus totaling $459.2 million.3[countable]FINANCE in insurance companies and PENSION FUNDs, the amount by which the money held is more than they have to pay out in claims or pensionsThe steelworks pensioners joined the fight to get a share of a £300 million British Steel pension surplus.4[countable] (also balance of payments surplus or, external surplus)ECONOMICS the amount by which the money coming into a country is more than the money going out in a particular period of timeA country that has a balance of payments surplus may receive payment from the debtor’s foreign exchange reserves. →trade surplussurplussurplus2 adjectivemore than is needed or wantedMany businesses relocated, surplus space having become available because of the recession.Those employees will become surplus, and costly to retain.