surplus funds

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 ?
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 firm has entered into a USD110m settlement with policyholders who alleged that it had breached its obligations by improperly withholding surplus funds rather than distributing them as dividends.
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.
LAHORE -- Additional Chief Secretary Punjab Shamail Ahmad Khawaja presided over a meeting here on Tuesday regarding investment of surplus funds of seven billion rupees of the Provincial Benevolent Fund Board.
British challenger bank Aldermore on Monday reported that 34% of small and medium-sized enterprises (SMEs) don't know what interest rate their business is currently receiving on their surplus funds.
The new takaful rules include provisions on the distribution of surplus funds to policyholders and segregation of assets of participants' and shareholders' accounts.
Based on projected revenue flows, the Comptroller's office estimates that the BPCA will generate some $400 million in surplus funds over approximately 10 years, with the bulk of the new receipts starting in fiscal year 2016.
Sadrist Trend criticizes governmental decision on food ration BAGHDAD/ Aswat al-Iraq: Sadrist Trend, headed by Muqtada al-Sadr, described governmental action on food ration as "contradictory", at a time refusing to give the oil surplus funds to the people, but decides to cancel the food ration card.
CBJ excess reserves come from the surplus funds of banks needed to finance their operations, where the central bank pays 2 percent annual interest limited to commercial banks, while Islamic banks are not included.
Considering the fact that there has been an increase of only RO1,879 in the surplus funds, in spite of the increase in employee related costs, rent of school and accommodation as per the financial statements for the period ending March 31, 2010, the fee hike should be withdrawn," they demanded.