Surpluses
/ˈsɜːrpləsɪz/
Definitions
- (n.) Amounts by which income or assets exceed expenditures or liabilities, often relevant in property law and contract settlements.
The company reported surpluses for three consecutive fiscal years.
Related terms
See also
Commentary
In legal contexts, surpluses often distinguish excess funds available for distribution or retention beyond obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.