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Simple English definitions for legal terms

paid-in surplus

Read a random definition: tax foreclosure

A quick definition of paid-in surplus:

Paid-in surplus is the extra money a company gets when it sells its stock for more than its original value. This money is added to the company's net worth, which is the total value of everything it owns. Paid-in surplus is different from earned surplus, which is the money a company makes from its operations. Paid-in surplus is also called capital surplus or premium on capital stock.

A more thorough explanation:

Definition: Paid-in surplus is the extra money a company receives when it sells its stock for more than its par value. It is also known as capital surplus or premium on capital stock.

Examples:

  • A company sells 100 shares of stock for $50 each, even though the par value of the stock is only $10. The company receives $4,000 ($50 x 100 shares) for the stock, but only $1,000 ($10 x 100 shares) is recorded as common stock. The remaining $3,000 is recorded as paid-in surplus.
  • A company issues new shares of stock at a premium price to raise additional capital. The difference between the premium price and the par value of the stock is recorded as paid-in surplus.

These examples illustrate how paid-in surplus is created when a company sells its stock for more than its par value. This extra money is recorded as paid-in surplus on the company's balance sheet and can be used for various purposes, such as investing in new projects or paying off debt.

paid-in fund | paid-up lease

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TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
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
19:27
stretches make me think it's just soreness
windyMagician
19:27
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?
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