Definition of government surplus in English:
Unused equipment sold by the government.
- Both men had been buying and selling government surplus stock after the second world war and often met at auctions.
- He bought inexpensive government surplus shell casings and painted them to sell as motor route newspaper tubes.
- We estimate that the general government surplus is likely to rise to around 6 percent of gross domestic product this year, supported by high oil prices as well as back tax payments.
Definition of government surplus in:
- British & World English dictionary