surplus
IPA: sˈɝpɫʌs
noun
- That which remains when use or need is satisfied, or when a limit is reached; excess; overplus.
- Specifically, an amount in the public treasury at any time greater than is required for the ordinary purposes of the government.
- (law) The remainder of a fund appropriated for a particular purpose.
- (law) assets left after liabilities and debts, including capital stock have been deducted.
verb
- (transitive) To treat as surplus to requirements; to sell off or dismiss from employment, etc.
adjective
- Being or constituting a surplus; more than sufficient.
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Examples of "surplus" in Sentences
- The farmers had a surplus of corn this year, leading to lower prices at the market
- The company decided to donate their surplus inventory to local charities in need
- Due to the surplus of applicants, the hiring process took longer than anticipated
- The government's surplus budget allowed for additional funding to be allocated to various public services
- After the holiday season, the store was left with a surplus of unsold decorations
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