Excess. also called surplus.

same as surplus

Freight in excess of the quantity specified on the bill of lading.

The amount of money received by the lender of which is unidentifiable, non-factored receivables or overpayment on invoices. To Top

The amount of money received by the funding source which is unidentifiable, non-factored, or an overpayment of invoices.

Extra posters provided to plant operators to replace any that may become damaged due to weather or other factors during the display period. Recommended overage is 15% of total poster order.

When ordering, one should plan for a cutting and breakage margin of 5%. Make sure that you order enough product to meet your design and structural needs. This will ensure that you have the proper amount of product when you need it the most-during installation. For all product and installation bids, the client must consider the product layouts and grout line widths when finalizing the product, installation bid or contract. Tolerances may be planned for a grout width and/or be ground down by the masons at the job site.

Deliberately included extra potency of ingredients in vitamin and other dietary supplements to counterract the disintegration rate, and therefore help to make sure the product lasts in effectiveness up to its expiry date. (See Disintegration).

A fee hike designed to give more profit to the lender. Lenders and loan officers sometimes increase their fees to individual customers, and then split the extra profit. Some lenders do not allow overages. When you apply for a loan, be sure to ask, "Do you charge overages?"

too old to be useful; "He left the house...for the support of twelve superannuated wool carders"- Anthony Trollope

In leases for retail stores, the over is the amount to be paid, based on gross sales, over the base rent. This comes into play with a percentage lease, in which the rental fee is based on a percentage of the volume of sales made upon the leased property. It usually stipulates a minimum rent. Source: Barron‘s Dictionary of Real Estate Terms

Tenant pays agreed-to percent of gross sales volume over agreed-to base sales volume.

Overage is a term used in the wireless telephone industry to describe billed charges for when a wireless consumer uses a larger number of minutes than their agreed upon price plan allows. In order to maintain high availability, most wireless carriers only allow a certain number of minutes of usage per subscriber per month -- espescially during "peak hours": the time when historically the largest number of mobile phone users attempt to use the network. The minutes included with a users price plan are normally relatively inexpensive (compare with prepaid minutes for example).

The amount of yield (interest and discount points) provided in a new mortgage that exceeds the minimum yield required by a mortgage lender or wholesaler, usually expressed in current dollar equivalent.

An overage results when the net weight at destination exceeds the net weight at origin.

When an account exceeds its allotted monthly data transfer limit. For example, if your account allows a maximum of 10 GB of data transfer per month but, at the end of the month, your account transferred 11 GB of data, your account is in overage status. In many cases, the account holder must pay a fee to compensate for the extra amount of data transferred for the month.

An additional premium charged on a cargo open cover declaration because the carrying vessel is outside the scope of the classification clause.

Apples mainly to convertible securities. Difference between how much common stock one party must sell and the other wishes to buy for the same amount of convertible in a swap.

Material cut too big to allow for "hold-down" clamps, waste.

Fees collected from a borrower by a loan officer that are higher than the target fees specified by the lender or mortgage broker who employs the loan officer.

an amount that the loan officer adds onto a base rate they have to offer specifically to improve their compensation

a price higher than the price delivered to the loan officer by the lender's pricing department

The actual piece count is greater than the piece count shown on the document accompanying the shipment.

Profits remaining after subtracting for operating expenses, taxes, interest and insurance.