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surplus

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Surplus
A situation in which assets exceed liabilities, income exceeds expenditures, exports exceed imports, or profits exceed losses.

Notes:
A surplus is the opposite of a deficit. When a country exports more then it imports, it is said to have a trade surplus.

See Federal deficit.
surplus
1. Equity in excess of par value. Surplus includes additional paid-in capital and retained earnings.
2. See retained earnings.
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