Meaning of “seller's surplus” in the English Dictionary

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"seller's surplus" in Business English

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seller's surplusnoun [ U or C ]

uk us ECONOMICS

the difference between the lowest price that a seller would sell something for, and the price at which they really sell it:

The seller's surplus is the trade price minus the seller's valuation.

(Definition of “seller's surplus” from the Cambridge Business English Dictionary © Cambridge University Press)