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surplus capacity

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  • Capacity utilization — is a concept in economics and managerial accounting which refers to the extent to which an enterprise or a nation actually uses its installed productive capacity. Thus, it refers to the relationship between actual output that is produced with the …   Wikipedia

  • Surplus value — is a concept created by Karl Marx in his critique of political economy, where its ultimate source is unpaid surplus labor performed by the worker for the capitalist, serving as a basis for capital accumulation.The German equivalent word Mehrwert… …   Wikipedia

  • Surplus Value, Theory Of —    Surplus value is a central notion in Karl Marx’s analysis of capitalism and his theory of exploitation. Marx bases his theory of surplus value on the labor theory of value which assumes the value of goods to be determined by the relative… …   Historical dictionary of Marxism

  • surplus ACT — Prior to 6 April 1999 where the amount of ACT (advance corporation tax) that a company paid on dividends exceeded its capacity to offset the ACT against mainstream corporation tax it had surplus ACT. Where a company had surplus ACT, it could be… …   Law dictionary

  • Surplus product — Part of a series on Marxism …   Wikipedia

  • surplus — / sɜ:pləs/ noun more of something than is needed ● Profit figures are lower than planned because of surplus labour. ● Some of the machines may have to be sold off as there is surplus production capacity. ● We are proposing to put our surplus… …   Marketing dictionary in english

  • surplus — / sɜ:pləs/ noun 1. more of something than is needed 2. an amount of money remaining after all liabilities have been met ♦ to absorb a surplus to take a surplus into a larger amount ■ adjective more than is needed ● Profit figures are lower than… …   Dictionary of banking and finance

  • surplus production — Inherent productivity of a fish stock that can be harvested on a sustainable basis. Based on the theory that, at large stock size, reproductive rates and rate of stock growth are slowed by self regulating mechanisms, and that stock growth rates… …   Fisheries — dictionary

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …   Universalium

  • Air Europe — was a wholly privately owned, independent British airline, established in 1978 under the working title Inter European Airways.cite book| author=Simons, Graham M. | title=It was nice to fly with friends! The story of Air Europe | publisher=GMS… …   Wikipedia

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