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"surplus" is correct and can be used in written English
It is typically used to refer to an amount of something that is more than what is needed or used. For example, "The company had a surplus of products after the holiday sale, so they decided to donate the extras to charity."
Dictionary
Surplus
adjective
Being or constituting a surplus; more than sufficient; as, surplus revenues; surplus population; surplus words.
Exact(60)
Several port expansions are planned to facilitate this, although BHP has pulled out of one project amid concerns that Queensland already has a surplus of port capacity.
Residents will be able to control the heat and ventilation of their homes at the touch of a button and sell their surplus energy into the grid.
Europe's recovery from its debt crisis took two significant steps forward on Wednesday as Greece posted a primary budget surplus and Portugal made a successful return to the bond markets for the first time in three years.
The budget underlined this plan, which means the amount of gross government debt outstanding will grow with the size of the economy, year in, year out, even when the government returns to surplus and the proceeds from asset sales flow to the government and bolster the headline cash budget balance.
Paul Keating's 1988 budget, with its massive surplus, was going to bring "home the bacon".
Too many farmers were left singing about "the problem of a good year" – lots of surplus produce rotting before they see a market.
"We've both said there was a current deficit at the time and ideally that should have been in surplus," she told Woman's Hour on BBC Radio 4. Cooper and her husband, Ed Balls, were Treasury ministers at times in the Labour government.
But given the importance of revenue growth for charting the path back to surplus, and the high importance placed on strong income and company tax growth, it won't take many bumps in either the domestic or international economy to make that path rockier than Joe Hockey would like.
Income tax receipts jumped 6.1% to £26.7bn, pushing the public finances £8.8bn into the black for the month – the largest monthly surplus since 2008.
In March, he was inhibited from indulging his worst instincts by the presence of the Lib Dems; now he has no Danny Alexander standing in the way of his plans to bash the poor and dispossessed even harder, in the absurd pursuit of a budget surplus for the sake of it.
Party members have complained about the printing of surplus ballot papers, irregularities in the voters' roll, traditional leaders "frogmarching" villagers to the polls, people feigning illiteracy to be "assisted", voters being bussed to faraway constituencies, and the malign influence of the military.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com