/ɛksəˈdɛnt/ or /ɛksəˈdɛnt/ (UK) and /ɛɡˈsɛdənt/ (US)

Definitions

1. noun

a sum of money or other assets in excess of what is required or needed

“The company’s profits resulted in a significant excedent, which was invested in new projects.”

2. verb

to be in excess of a required or needed amount

“The new policy will excedent the company’s budget by 10%.”