surplus value

noun
Updated on: 9 Nov 2017

Definition of surplus value

:the difference in Marxist theory between the value of work done or of commodities produced by labor and the usually subsistence wages paid by the employer

Recent Examples of surplus value from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'surplus value.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of surplus value

1887


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