something that remains above what is used or needed.
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, esp. such a quantity of food purchased and stored by a governmental program of guaranteeing farmers a specific price for certain crops.
Accounting .
the excess of assets over liabilities accumulated throughout the existence of a business, excepting assets against which stock certificates have been issued; excess of net worth over capital-stock value.
an amount of assets in excess of what is requisite to meet liabilities.
Adjective
being a surplus; being in excess of what is required
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