surplus: Meaning and Definition of

sur•plus

1. something that remains above what is used or needed.
2. an amount, quantity, etc., greater than needed.
3. agricultural produce or a quantity of food grown by a nation or area in excess of its needs, esp. such a quantity of food purchased and stored by a governmental program of guaranteeing farmers a specific price for certain crops.
1. the excess of assets over liabilities accumulated throughout the existence of a business, excepting assets against which stock certificates have been issued; excess of net worth over capital-stock value.
2. an amount of assets in excess of what is requisite to meet liabilities.

1. being a surplus; being in excess of what is required: surplus wheat.

1. to treat as surplus; sell off; retire: The government surplussed some of its desert lands.