Definition, Meaning & Synonyms
surplus goods
Noun
/ˈsɜːrpləs ɡʊdz/
Definition
Items that remain unsold or are produced in excess of what is required.
Examples
- The warehouse was filled with surplus goods that needed to be sold quickly.
- During the sale, many surplus goods were available at discounted prices.
- Companies sometimes donate surplus goods to charity organizations.
Meaning
Surplus goods refer to products that a company has in excess after fulfilling demand. These goods can be from overproduction or unsold inventory.
Synonyms
- Excess inventory
- Overstock
- Extra stock
