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Related to surplus: Surplus funds

Federal deficit (surplus)

When federal government expenditures are exceeded by (are less than) federal government revenue.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


The amount by which the revenue of a government from taxes, tariffs and other sources exceeds its expenditures. A surplus means that the budget is likely healthy, at least in the short-term, and in any case the government does not have to resort to borrowing. Some economists believe that a budget surplus or deficit has only minor importance, while others believe that it is very important to maintain a surplus if at all possible. Most U.S. states are required to maintain either a surplus or a balanced budget, while the federal government is not. See also: Federal deficit.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


1. Equity in excess of par value. Surplus includes additional paid-in capital and retained earnings.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
In addition, draft regulations released in 2002 would have restricted the amount of surplus eligible for the section 93 deemed dividend in these circumstances.
"If our advertisers elect to sell inventory pieces through eBay," says Surplus Record publisher Tom Scanlan, "Surplus Record can now support that by offering an efficient way to generate more traffic to their eBay listings."
Surplus Food Times has been developed by Graham Fisher, who has many years experience in the food industry, having held senior positions with United Biscuits and Bernard Matthews, and was Sales & Marketing Director for Hillsdown (food division), and a director of British Poultry.
Efforts to eliminate collected and surplus stocks of Albanian arms began in earnest on September 7, 2000, when then U.S.
Under the bill, the Food Rescue Program shall adhere to strict safety standards to protect beneficiaries and help establishments determine and lessen generation food waste and surplus food to make production more efficient.
Pak-Qatar Family Takaful Limited is the only Takaful Operator in the country, which has been consistently declaring distributable surplus for Individual Family Takaful, every year, over the past eleven years of its operations.
Houston Surplus Lines team will become a part of LP Risk and will expand the company's presence in Texas.
The euro area recorded a [euro]22.5bn (PS19.6bn) trade in goods surplus with the rest of the world in March, compared with a [euro]26.9bn surplus a year earlier.
In Q3 2018 compared with Q2 2018, based on seasonally adjusted data, the surplus of the goods account decreased (+e1/410.2 bn from +e1/424.4 bn), as did the surplus of the services account (+e1/449.3 bn compared to +e1/451.0 bn) and the surplus in the primary income account (+e1/40.4 bn from +e1/45.2 bn).
The amount isthe annual surplus of the financial year 20172018.
The Data show that the Current Account surplus (summing up receipts and payments between domestic economy and other economies in terms of goods, services and income) recorded a surplus of KD 1.6 million during the first quarter of 2018 against a surplus of KD 1.158 million during the previous quarter, representing a hike of KD 521.8 million, i.e.