What does surplus mean?

Looking for the meaning or definition of the word surplus? Here's what it means.

Noun
  1. That which remains when use or need is satisfied, or when a limit is reached; excess; overplus.
  2. Specifically, an amount in the public treasury at any time greater than is required for the ordinary purposes of the government.
  3. (law) The remainder of a fund appropriated for a particular purpose.
  4. (law) assets left after liabilities and debts, including capital stock have been deducted.
Adjective
  1. Being or constituting a surplus; more than sufficient
Verb
  1. To treat as surplus to requirements, to sell off.
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