surplus funds

(redirected from Surplus Fund)

Surplus funds

Cash flow available after payment of taxes in a project.

Surplus Funds

Money remaining after all liabilities, including taxes, insurance, and operating expenses, are paid. Having surplus funds means that a company has made a profit or perhaps that it has completed a project under budget. Surplus funds indicate prudent management of funds over the course of the company's operations or project.

surplus funds

The situation in which a foreclosure sale results in more money than is necessary to pay off the mortgage loan plus all expenses and costs of foreclosure.

References in periodicals archive ?
Indian missions have a surplus fund of around 240 million rupees (Dh13.
Global Banking News-April 27, 2017--Penn Mutual settles insurance surplus fund suit
They explained to the officers at the Indian embassy that "by adding another RO900,000, to the Reserves and Surplus fund, school buildings can be constructed in Darsait.
STATE- RUN Oil and Natural Gas Corp ( ONGC) is against investing its surplus fund with PSU banks as giving business on nomination basis was causing loss of interest revenue to it.
The UK's largest insurer, which was formerly known as Norwich Union, has a surplus fund of pounds 1.
The surplus fund, or revenue overflow, is estimated to reach 320 billion yen in fiscal 2003 as the government is to curb spending on road construction in line with its plan to cut back budgetary expenditures on public works.
The bonds (and any future parity bonds) are secured by borrower loan repayments, a debt service reserve fund, surplus fund, construction fund, and interest earnings.
8 million will be retained as a surplus fund for debt service on the authority's debt, if necessary.
Gondal claimed the surplus funds weren't being relinquished and were being issued for development funds to the treasury.
The surplus funds in the scheme are excess superannuation contributions by the government as employer.
The company would like to note that the allocation ratio was over 8847 per cent and surplus funds have already been repaid to investors.
Additional Chief Secretary Shamail Ahmad Khawaja said it was a responsibility of the government to ensure best use of investment of surplus funds of seven billion rupees of the Provincial Benevolent Fund Board and improving facilities for the visitors at the office of the Board located at Alfalah Building here.