Surplus

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.

See also

• Assets
• Contributions holiday
• Deficit
• Financial asset
• Financial liability
• Gain
• Liabilities
• Pension scheme
• Primary surplus
• Profit
• Statutory surplus basis
• Trade surplus