Surplus: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add 4th definition.) |
(Update for discontinuance of statutory surplus basis.) |
||
| (2 intermediate revisions by 2 users not shown) | |||
| Line 1: | Line 1: | ||
1. | 1. ''Pensions.'' | ||
An excess of assets over liabilities in a pension scheme. | |||
Also known as over-funding. | |||
2. | 2. ''Other assets and liabilities.'' | ||
More generally, any excess of financial assets over related liabilities. | More generally, any excess of financial assets over related liabilities. | ||
3. | 3. ''Government finances.'' | ||
The excess of a government's income over its expenditure. | The excess of a government's income over its expenditure. | ||
4. | 4. ''Income and expenditure.'' | ||
Any excess of income over related costs. | Any excess of income over related costs. | ||
| Line 22: | Line 22: | ||
== See also == | == See also == | ||
* [[ | * [[Assets]] | ||
* [[Contributions holiday]] | * [[Contributions holiday]] | ||
* [[Deficit]] | * [[Deficit]] | ||
* [[Financial asset]] | |||
* [[Financial liability]] | |||
* [[Gain]] | |||
* [[Liabilities]] | |||
* [[Pension scheme]] | |||
* [[Primary surplus]] | * [[Primary surplus]] | ||
* [[Profit]] | |||
* [[Trade surplus]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 19:24, 3 March 2025
1. Pensions.
An excess of assets over liabilities in a pension scheme.
Also known as over-funding.
2. Other assets and liabilities.
More generally, any excess of financial assets over related liabilities.
3. Government finances.
The excess of a government's income over its expenditure.
4. Income and expenditure.
Any excess of income over related costs.
