Surplus means any agent or sector in the economy (household, business, or government) experiences a surplus when its income exceeds its expenditure.

Surplus definition in Banking & Finance

Surplus is the type of bank capital representing the excess amount above each share of stock’s par value paid in by a bank’s stockholders when they purchased their shares.

Webster Dictionary Meaning

1. Surplus
- Being or constituting a surplus; more than sufficient; as, surplus revenues; surplus population; surplus words.
2. Surplus
- That which remains when use or need is satisfied, or when a limit is reached; excess; overplus.
- Specifically, an amount in the public treasury at any time greater than is required for the ordinary purposes of the government.
Share it:  Cite

More from this Section

  • Option
    Option is the right of choice or election of a buyer or seller.It is a contract that gives ...
  • Reserve maintenance period
    Reserve maintenance period is the according to federal law and regulation, a period of ...
  • Assumed interest rate
    Assumed interest rate is a rate of interest used by an insurance company to calculate ...
  • Order bill of lading
    Order bill of lading refers to a shipping document through which possession and title ...
  • Sweep account
    Sweep account is an arrangement in which any balances above a certain amount in a corporation’s ...