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LSDefine

Simple English definitions for legal terms

acquired surplus

Read a random definition: commission of unlivery

A quick definition of acquired surplus:

Acquired Surplus: When a company purchases another business, it may gain a surplus called acquired surplus. This surplus is the extra money or assets that the purchased business had beyond what it needed to pay its debts and obligations. It becomes part of the purchasing company's net worth.

A more thorough explanation:

Definition: Acquired surplus is the surplus gained by purchasing another business. Surplus refers to the excess of receipts over disbursements, or the net worth of a corporation beyond the par value of its capital stock.

Examples:

  • If Company A purchases Company B for $10 million, and Company B has a surplus of $2 million, then Company A's acquired surplus would be $2 million.
  • A corporation has $50 million in assets and $40 million in liabilities. The excess of $10 million is the corporation's surplus.

These examples illustrate how acquired surplus is gained through the acquisition of another business, and how surplus is calculated as the excess of assets over liabilities.

acquired servitude | acquirenda

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Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
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stretches make me think it's just soreness
windyMagician
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I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
matt gaetz ethics report released
paid for sex with a junior in high school
guarantee people still defend him
BulbasaurNoLikeCardio
9:51
I only read headlines and skimmed a random article of it since I am the only one at work this week. Seems like he is Republican Hunter Biden but not at the paying rent with poop paintings stage
ImpartialLion
9:55
Sent in my transcript at 6 am today and it’s processing. Think it will be processed before lsac closes tmrw?
BulbasaurNoLikeCardio
9:58
I would say it is a toss up, for how much LSAC charges us for everything they are extremely efficient in processing and sending stuff out BUT with a 30% uptake in applicants and the holidays it may be significantly slower unless it is ran through and processed by a computer program. Even if it takes them longer to process it, not like there is anyone at a school to request and review it after LSAC does their thing
Do we know if any of the t14 open at all this week
just called Fordham. they said there will be decisions going out today
so congratulations on pre xmas waves
BulbasaurNoLikeCardio
10:27
Hope schools are chill and just send As leaving the Rs for next month lol
soap
10:49
Fingers crossed for good luck today
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