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Surplus |
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SurplusIn the balance of payments, or in any category of international transactions within it, the surplus is the sum of credits minus the sum of debits. Also called simply the "balance" for that category. Thus the balance of trade is the same as the surplus on trade, or the trade surplus, and similarly for merchandise trade, current account, and capital account.Similar MatchesCapital account surplusCapital account surplusCredits minus debits on capital account. Same as balance on capital account. See surplus. Budget surplusBudget surplusRefers in general to an excess of income over expenditure, but usually refers specifically to the government budget, where it is the excess of tax revenue over expenditure (including transfer payments). Federal deficit (surplus)Federal deficit (surplus)When federal government expenditures are exceeded by federal government revenue. Current account surplusCurrent account surplusCredits minus debits on current account. Same as balance on current account. See surplus. Consumer surplusConsumer surplusThe difference between the maximum that consumers would be willing to pay for a good and what they actually do pay. For each unit of the good, this is the vertical distance between the demand curve and price. For all units purchased at some price, it is the area below the demand curve and above the price. Normally useful only as the change in consumer surplus. Further SuggestionsRestricted surplusMortgage cash surplus Statutory surplus Surplus management Primary budget surplus Surplus funds Budget surplus Acquired surplus Change in producer surplus Regulatory surplus Paid in surplus Change in consumer surplus Capital surplus Earned surplus Balance of payments surplus Producer surplus Trade surplus |
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