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Glossary   >   S   >   "Surplus" Definition            Surplus A situation where assets exceed liabilities, income exceeds expenditures, exports exceed imports or profits exceed losses. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Surplus - A situation where assets exceed liabilities, income exceeds expenditures, exports exceed imports or profits exceed losses.