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Excess

Excess is the state or amount that surpasses what is necessary, normal, or legally permitted. The term derives from the Latin excessus, from excedere, to go beyond. In everyday use it is a qualitative and quantitative notion that depends on context and reference points.

In economics, excess describes surpluses and shortages relative to a benchmark such as an equilibrium quantity

In statistics and epidemiology, excess is used to denote observed values above an expected baseline. Excess

In health and nutrition, excess intake of calories, salt, sugar, or alcohol can lead to adverse outcomes.

Because "excess" is context dependent, defining the reference level and method for calculating excess is essential.

or
a
price.
Excess
supply
occurs
when
producers
offer
more
goods
than
buyers
demand
at
a
given
price;
excess
demand
occurs
when
demand
outstrips
supply.
Markets
tend
to
adjust
toward
balance,
reducing
the
excess
through
price
changes
or
shifts
in
supply
and
demand.
In
taxation
or
regulation,
excess
can
refer
to
amounts
above
legal
limits
or
norms.
deaths
or
mortality
measure
how
many
deaths
exceed
what
would
be
anticipated
under
normal
conditions,
often
used
to
assess
the
impact
of
health
crises
or
heat
events.
Similar
concepts
include
excess
risk
or
excess
incidence
in
other
outcomes.
In
law
and
policy,
excess
may
describe
actions
or
penalties
that
exceed
allowed
limits,
and
is
a
criterion
in
assessing
proportionality
and
reasonableness.
Different
baselines
or
time
frames
can
yield
different
conclusions,
so
transparent
definitions
are
important
in
analysis
and
reporting.