Surplus
Legal Definition and Related Resources of Surplus
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Surplus
That which remains of a fund after provisions for all liabilities; the excess of assets over the outstanding liabilities; the remainder of a thing; the residue. In relation to trust , the term may mean the amount of trust fund in excess of the capital or corpus of the trust. See Alvis v Bank of America Nat. Trust & Savings association , 95 Cal.App.2d 118, 212 P.2d 608. Also, the surplus of the income of the trust not required for the immediate purposes of the trust. See Graff v Bonnett, 31 N. Y. 9. the amount of trust fund in excess of the capital or corpus of the trust. See Alvis v Bank of America Nat. Trust & Savings Association, 95 Cal.App.2d 118, 212 P.2d 608. Also, the surplus of the income of the trust not required for the immediate purposes of the trust. See Graff v Bonnett, 31 N. Y. 9.
Surplus Alternative Definition
That which is left from a fund which has been appropriated for a particular purpose; the remainder of a thing; the overplus; the residue. See 18 Ves. 466.
Synonyms of Surplus
noun
balance
bonus
excess
expletive
glut
leavings
margin
nimiety
overabundance
overage
overflow
overmeasure
overplus
overrun
oversupply
redundance
redundancy
remainder
residue
residuum
spare
superabundance
superfluity
superplus
supersaturation
surfeit
surplusage
Associated Concepts: accumulated surplus
distribution of surplus
surplus after sale
surplus goods
surplus income
surplus of proceeds
transfer to surplus
Related Entries of Surplus in the Lawi Project
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Surplus in Historical Law
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Legal Abbreviations and Acronyms
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Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
Administration Of Estates, Assignment For The Benefit Of Creditors, Cash Dividend, Liquidate, Paid-in Surplus, Profit, Reserve Fund, Residue, Stock Dividend.
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Surplus in the Dictionary: Surplus in our legal dictionaries
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Notice
This definition of Surplus is based on the The Cyclopedic Law Dictionary. This entry needs to be proofread.
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Surplus Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Surplus in a way that is easy for anybody to understand: Not needed; extra.
Definition of Surplus
The Canada social science dictionary [1] provides the following meaning of Surplus: The excess of production over the human and material resources used up in the process of production. In simple societies there was often little if any surplus since the production from hunting and gathering was entirely used up in subsistence. With the development of animal herding and settled agriculture, production exceeds immediate subsistence needs and social inequality and class division becomes possible when particular individuals or groups are able to take control of this surplus.
Surplus: Resources
Notes and References
Drislane, R., & Parkinson, G. (2016). (Concept of) Surplus. Online dictionary of the social sciences. Open University of Canada
Resources
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Legal English Vocabulary: Surplus in Spanish
Online translation of the English legal term surplus into Spanish: excedente (English to Spanish translation). More about legal dictionary from english to spanish online.
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Professional Content and Learning Tools
Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
See Also
Forestry
Natural Resources
Forest Law