That which remains when use or need is satisfied, or when a limit is reached; excess; overplus.
Being or constituting a surplus; more than sufficient; as, surplus revenues; surplus population; surplus words.
The difference between the Government's expenditure and its income. The question of what income and, more controversially, which costs should count towards this equation is most safely left to politicians. How can it be that we have a seven billion dollar surplus yet also have increasing Government debt? This is clearly bad magic, and should not be meddled with.
The amount by which assets exceed liabilities. (G)
Occurs when revenues are greater than expenditures in excess of the working capital amount. Ordinarily, surpluses in excess of the working capital amount should be incorporated into the next year's rate proposal.
FINANCE. An excess of revenue over expenditure in a given period.
The difference when income, or revenue, is greater then expenditure. Opposite to Deficit.
extra or excess.
surplus is when federal revenues exceed federal outlays.
A surplus exists in a pension plan when the actuarial valuation determines that the assets available exceed the accrued benefit payments (liabilities) to be paid out.
The excess of admitted assets, which does not include unearned premium, over liabilities, which includes outstanding reserves.
the amount of money that remains when income is greater than expenditures. The opposite of a deficit.
What's left over when income is higher than expenditures (the opposite of deficit).
Votes that a candidate receives in excess of the quota. They are distributed to other candidates according to the further preferences indicated on the ballot papers by those voters.
The net worth of a company, i.e. the amount by which assets exceed liabilities. Adequate net worth is necessary for the protection of policyholders against unforeseen losses.
An excess of revenue or income over expenditure. (Opposite of Deficit).
an excess of income over expenditure, or something left over and not required.
Excess. also called overage. Also, the extent to which assets exceed liabilities. Also, profits remaining after subtracting for operating expenses, taxes, interest, and insurance. see also net surplus, budget surplus, restricted surplus, trade surplus, paid-in surplus.
property which is determined to be in excess to the needs of the department and/or College.
A surplus is the amount by which receipts exceed outlays.
extra quantities leftover after basic needs are met.
a quantity supplied that is larger than the quantity demanded at a given price
more than is needed, desired, or required; "trying to lose excess weight"; "found some extra change lying on the dresser"; "yet another book on heraldry might be thought redundant"; "skills made redundant by technological advance"; "sleeping in the spare room"; "supernumerary ornamentation"; "it was supererogatory of her to gloat"; "delete superfluous (or unnecessary) words"; "extra ribs as well as other supernumerary internal parts"; "surplus cheese distributed to the needy"
a condition in which the quantity of goods offered by producers exceeds the quantity of goods demanded by consumers at the existing price
an excess of the fair value of the plan assets over the present value of the defined benefit obligation
A situation in which the quantity supplied exceeds the quantity demanded. (p. 96)
An amount or a quantity in excess of what is needed.
The amount that remains when an insurer subtracts its liabilities and capital from its assets.
Where income exceeds expenditure.
The excess of assets over liabilities. Statutory surplus is an insurer's or reinsurer's capital as determined under statutory accounting rules. Surplus determines an insurer's or reinsurer's capacity to write business.
The amount by which the value of the scheme's assets is greater than its future liabilities.
A market situation in which the price is set above the equilibrium price thus causing the quantity demanded to be less than the quantity supplied.
The excess of assets of a fund over its liabilities and necessary reserves. While the liabilities represent amounts owed or payable or in process of payment, the reserves are segments set aside for special use, due to constitutional or statutory provisions, or contracts and agreements with other governmental units or private grantors.
Amount by which available funds exceed spending during a fiscal year.
In a defined benefit scheme, any excess of the value of a scheme's assets over its liabilities as calculated by the actuary to the scheme. Sometimes referred to as an 'actuarial surplus'.
Surplus is an insurance companyâ€(tm)s assets in excess of its liabilities. Captives are subject to statutorily required minimum surplus levels as well as practical requirements for premium to surplus ratios.
A stock company's surplus is the amount by which its admitted assets exceed its liabilities and capital stock. In both stock and mutual companies, the term surplus-to-policyholders means the excess of admitted assets over liabilities.
A term used when the quantity of a good supplied exceeds the quantity demanded at the existing price.
The dollar amount remaining after company operation expenses. Surplus typically grows from underwriting gain and investment income. Surplus is diminished if payout on claims (insured losses) exceeds premiums collected. A favorable surplus ratio, excess assets over liabilities, guarantees available funds for solvency and the ability to pay claims. It allows an insurer to grow and offer more products, as well as helps maintain a favorable rating within the insurance industry.
The amount by which revenues exceed expenditures.
The net worth of a company, equal to the amount by which assets exceed liabilities.
Total assets minus the sum of all liabilities.
The situation resulting when the quantity supplied exceeds the quantity demanded of a good or service, usually because the price is for some reason below the equilibrium price in the market.
The amount by which an insurance company's assets exceed its liabilities and capital.
A general term in corporate accounting that usually refers to either the excess of assets over liabilities or that amount further reduced by the stated capital represented by issued shares.
The remainder after a company's liabilities are deducted from its assets.
The amount by which the value of an insurer's assets exceeds its liabilities, i.e., the net worth of an insurance company.
The amount by which a pension plan's assets exceed the plan's total liabilities.
A surplus is the amount by which revenues exceed outlays.
Excess firm energy available from a utility or region for which there is no market at the established rates.
A surplus is the opposite of a deficit. It means that the government has taken in more revenue than it has spent on programs and debt servicing charges.
An accounting term representing the assets that are not needed to satisfy liabilities. Sometimes used to identify cash or assets available for investment, although this is not a correct usage.
The excess of the assets of an insurance fund over its liabilities on a given date, as actuarially calculated.
how much more of a product sellers want to sell than buyers want to buy at a given price. In budgeting, a surplus occurs when income exceeds expenditures. Tax credits amount of money that taxpayers can deduct directly from their taxes. Tax credits are available for purposes such as child care expenses and the earned income credit for low-income taxpayers.
the amount by which your income exceeds your expenses (opposite of deficit)
This is where the actuarial value of a scheme's assets is more than the actuarial liability . The surplus is the difference between the two.- It is usually called an actuarial surplus .
a situation where there is an excess at some price of quantity supplied over quantity demanded
Revenues exceed expenses.
The amount by which revenues exceed outlays in a given period, typically a fiscal year. A negative surplus is equivalent to a deficit. See deficit.
The situation that results when the quantity supplied of a product exceeds the quantity demanded. Generally happens because the price of the product is above the market equilibrium price. View LEI Lesson(s) that address this term
When income exceeds expenditure.
The amount by which an insurer's assets exceed their liabilities.
Commodities that are not returnable to the vendor for credit, but are useful for some purpose and are in excess or obsolete for the cost center owning the goods.
The remainder after an insurer's liabilities are subtracted from its assets. The financial cushion that protects policyholders in case of unexpectedly high claims. (See Capital; Risk-based capital)
A condition that occurs when the supply of a good or service exceeds its demand. Surpluses occur when the price for a good or service is higher than its equilibrium price.
An amount by which the value of an insurer's assets exceeds their liabilities.
Surplus is the quantity of some thing that remains after activity relating to the production of that thing has been completed, or where the requirement to produce or possess the thing has been met. Anything which is redundant or no longer useful may be described as "surplus to requirements".