. (Polit. econ.) The excess that a purchaser would be willing to pay for a commodity over that he does pay, rather than go without the commodity; -- called also
consumer's rent.
The price which a person pays for a thing can never exceed, and seldom comes up to, that which he would be willing to pay rather than go without it. . . . The excess of the price which he would be willing to pay rather than go without it, over that which he actually does pay, is the economic measure of this surplus satisfaction. It has some analogies to a rent; but is perhaps best called simply consumer's surplus. Alfred Marshall. [ Webster 1913 Suppl. ]
. (Polit. Econ.) Any profit above the normal rate of interest and wages accruing to a producer on account of some monopoly (temporary or permanent) of the means or materials of production; -- called also . [ Webster 1913 Suppl. ]
n. [ F., fr. sur over + plus more. See Sur-, and Plus, and cf. Superplus. ]
a. Being or constituting a surplus; more than sufficient;
When the price of corn falleth, men give over surplus tillage, and break no more ground. Carew. [ 1913 Webster ]
n. [ See Surplus, and cf. Superplusage. ]
Take what thou please of all this surplusage. Spenser. [ 1913 Webster ]
A surplusage given to one part is paid out of a reduction from another part of the same creature. Emerson. [ 1913 Webster ]