Government Finance Terminology

noun an amount of something left over when requirements have been met; an excess of production or supply over demand

adjective more than what is needed or used; excess

• The company had a surplus of inventory after the holiday season.
• We have a surplus of snacks in the kitchen if you're hungry.
• I scored a surplus of concert tickets for cheap on Craigslist.
• Her kindness created a surplus of goodwill among her colleagues.

noun a person who is responsible for the management of finances and funds, especially in an organization or government

• The treasurer presented the financial report at the annual meeting.
• Hey, did you see the treasurer counting the money last night?
• I heard the treasurer is the one who handles all the cash.
• In a way, the treasurer holds the keys to the company's financial success.