Legal Definition and Related Resources 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.

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.

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

Browse or run a search for Surplus in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Surplus in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Surplus in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Surplus in the Legal Abbreviations and Acronyms Dictionary.

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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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This definition of Surplus is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

Vocabularies (Semantic Web Information)

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

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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See Also

• Forestry
• Natural Resources
• Forest Law