Where did the word surplus come from?

Where did the word surplus come from?

surplus (n.) late 14c., from Old French sorplus “remainder, extra” (12c., Modern French surplus), from Medieval Latin superplus “excess, surplus,” from Latin super “over” (see super-) + plus “more” (see plus).

What is the best definition of surplus?

1a : the amount that remains when use or need is satisfied. b : an excess of receipts over disbursements. 2 : the excess of a corporation’s net worth over the par or stated value of its stock. surplus. adjective.

What type of word is surplus?

adjective [usually ADJECTIVE noun, Also v-link ADJ to n] Surplus is used to describe something that is extra or that is more than is needed.

What is surplus in simple words?

A surplus describes the amount of an asset or resource that exceeds the portion that’s actively utilized. A surplus can refer to a host of different items, including income, profits, capital, and goods.

What does surplus mean in history?

an amount, quantity, etc., greater than needed. agricultural produce or a quantity of food grown by a nation or area in excess of its needs, especially such a quantity of food purchased and stored by a governmental program of guaranteeing farmers a specific price for certain crops.

What does being a surplus mean?

Being or constituting a surplus; more than sufficient; as, surplus revenues; surplus population; surplus words. adjective. 1. The definition of surplus is something that is in excess of what you need. An example of surplus goods are items you do not need and have no use for.

What is a surplus money?

Money remaining after all liabilities, including taxes, insurance, and operating expenses, are paid. Having surplus funds means that a company has made a profit or perhaps that it has completed a project under budget.

What is an example of a surplus?

A surplus is when you have more of something than you need or plan to use. For example, when you cook a meal, if you have food remaining after everyone has eaten, you have a surplus of food. A consumer surplus is the difference between the maximum the consumer is willing to pay for a product and its market price.

Who can claim surplus funds?

According to California Civil Code 2924(k), any surplus fund has to be paid out to the prior owner. Thus, you are entitled to receive California surplus foreclosure funds, if you had equity at the time of the sale.

Why is a surplus important?

Surplus and Growth Economic surplus is essential for small businesses that want to grow and expand. When a company has a large amount of surplus, it means cash is flowing into the company and it can invest the surplus in new products, services, equipment and employees to facilitate growth.