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Surplus vs Residue - What's the difference?

surplus | residue | Related terms |

In lang=en terms the difference between surplus and residue

is that surplus is assets left after liabilities and debts, including capital stock have been deducted while residue is whatever property or effects are left in an estate after payment of all debts, other charges and deduction of what is specifically bequeathed by the testator.

As nouns the difference between surplus and residue

is that surplus is that which remains when use or need is satisfied, or when a limit is reached; excess; overplus while residue is whatever remains after something else has been removed.

As an adjective surplus

is being or constituting a surplus; more than sufficient; as, surplus revenues; surplus population; surplus words.

surplus

English

Noun

(en-noun)
  • That which remains when use or need is satisfied, or when a limit is reached; excess; overplus.
  • Specifically, an amount in the public treasury at any time greater than is required for the ordinary purposes of the government.
  • (legal) The remainder of a fund appropriated for a particular purpose.
  • (legal) assets left after liabilities and debts, including capital stock have been deducted.
  • Antonyms

    * lack * deficit

    Adjective

    (-)
  • Being or constituting a surplus; more than sufficient; as, surplus revenues; surplus population; surplus words.
  • * {{quote-magazine, title=A better waterworks, date=2013-06-01, volume=407, issue=8838
  • , page=5 (Technology Quarterly), magazine=(The Economist) citation , passage=An artificial kidney these days still means a refrigerator-sized dialysis machine. Such devices mimic the way real kidneys cleanse blood and eject impurities and surplus water as urine.}}

    residue

    English

    Noun

    (en noun)
  • Whatever remains after something else has been removed.
  • (chemistry) The substance that remains after evaporation, distillation, filtration or any similar process.
  • (legal) Whatever property or effects are left in an estate after payment of all debts, other charges and deduction of what is specifically bequeathed by the testator.
  • (mathematics) A form of complex number, proportional to the contour integral of a meromorphic function along a path enclosing one of its singularities.
  • Derived terms

    * nonresidue * quadratic residue * residual * residuary

    Anagrams

    * ----