surplus
n. · adj. · v.-
1 extra amount (n.) B2 Upper Intermediatean amount of something that is left over because you have more than you need.
an amount or quantity in excess of what is needed or used. Often used in the context of resources or commodities.
ExampleThe country produced a huge surplus of grain this year and exported the extra to its neighbors.
ExampleThe humanitarian agency struggled to distribute the sudden surplus of donated clothing before the rainy season began.
UsageOften used with the preposition 'of' followed by the resource.
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2 financial/budgetary excess (n.) C1 Advanced Academic Economicsthe amount of money left over when income is higher than spending.
the positive difference between income and expenditure in a budget, or the assets remaining after all liabilities are deducted.
ExampleThe government announced a budget surplus for the first time in a decade.
ExampleEconomists argued that the trade surplus was a result of suppressed domestic demand rather than increased manufacturing efficiency.
UsageCommonly appears in the phrases 'budget surplus' or 'trade surplus'.
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3 extra or leftover (adj.) B2 Upper Intermediatedescribes something that is extra and not currently needed.
being in excess of what is required; redundant to current needs.
ExampleYou can buy cheap camping gear at the army surplus store.
ExampleThe school board decided to sell the surplus furniture to raise funds for the new library computer lab.
UsageUsually placed before the noun it modifies.
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4 to get rid of extra items (v.) C2 Proficiency Formal Technicalto sell or give away things that a company or government no longer needs.
to designate equipment or personnel as no longer required and subsequently dispose of or dismiss them.
ExampleThe department plans to surplus its old vehicles by the end of the month.
ExampleUnder the new restructuring plan, several administrative roles were surplused to reduce the firm's annual operating costs.
UsageTransitive verb requiring a direct object.
From Middle English surplus, from Middle French surplus. Compare French surplus.