Meaning of “surplus value” in the English Dictionary


"surplus value" in Business English

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surplus valuenoun [ U ]

uk us

ECONOMICS the difference between the amount a worker is paid and the value the worker adds to the goods or services produced:

In Marxist theory, the capitalist, after paying wages, becomes the owner of the surplus value created by the workers.

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