Surplus

From ACT Wiki
Revision as of 20:34, 5 October 2018 by imported>Doug Williamson (Add 4th definition.)
Jump to navigationJump to search

1.

Pensions.

An excess of assets over liabilities in a pension scheme. Also known as over-funding.


2.

More generally, any excess of financial assets over related liabilities.


3.

The excess of a government's income over its expenditure.


4.

Any excess of income over related costs.


See also