See Also: SURPLUS(law)
Surplus(money)
surplus(dictionary)
Surplus(finance)
Budget surplus(finance)
Capital surplus(finance)
Economic surplus(finance)
Regulatory surplus(finance)
Restricted surplus(finance)
Statutory surplus(finance)

SURPLUS (law)


SURPLUS. That which is left from a fund which has been appropriated for a particular purpose; the remainder of a thing; the overplus the residue. particular purpose; the remainder of a thing; the overplus the residue. (q.v.) See 18 Ves. 466. (q.v.) See 18 Ves. 466. 2. The following is an example of a surplus; if a thing be put in 2. The following is an example of a surplus; if a thing be put in pledge as a security to pay one hundred dollars, and it be afterwards sold pledge as a security to pay one hundred dollars, and it be afterwards sold for one hundred and fifty dollars, the fifty dollars will be the surplus. for one hundred and fifty dollars, the fifty dollars will be the surplus. Wolff, Inst. Sec. 697. See Overplus; Residue. Wolff, Inst. Sec. 697. See Overplus; Residue.