Definition, Meaning & Synonyms
superavit
noun
suːˈpɛr.ə.vɪt
Definition
superavit refers to the financial situation where income exceeds expenses.
Examples
- The government’s budget showed a superavit for the first time in years.
- Company X reported a significant superavit in its quarterly earnings.
Meaning
In economics, a superavit indicates a positive balance, typically in a budget or a financial account, demonstrating that an entity has surplus funds.
Synonyms
- Surplus
- Excess
- Overage