Simple Definition of surplus
: an amount (such as an amount of money) that is more than the amount that is needed
Full Definition of surplus
1a : the amount that remains when use or need is satisfiedb : an excess of receipts over disbursements
2 : the excess of a corporation's net worth over the par or stated value of its stock
Examples of surplus in a sentence
If there is any surplus, it will be divided equally.
There is a surplus of workers and not enough jobs.
Origin of surplus
Middle English, from Anglo-French, from Medieval Latin superplus, from Latin super- + plus more — more at plus
First Known Use: 14th century
SURPLUS Defined for Kids
Legal Definition of surplus
1a : an amount that remains when a use or need is satisfied b : an excess of receipts over disbursements c : the value of assets after subtracting liabilities
2 : an excess of the net worth of a corporation over the par value of its capital stock — compare undivided profits capital surplus : all surplus other than earned surplus earned surplus : the surplus that remains after deducting losses, distributions to stockholders, and transfers to capital stock accounts paid–in surplus : surplus resulting from the sale of stock at amounts above par
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