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Simple English definitions for legal terms

surplus revenue

Read a random definition: memorandum in error

A quick definition of surplus revenue:

Surplus revenue is the extra money a company makes after paying for all its expenses. This money can be saved for future use or used for special projects. Sometimes, the company's board of directors decides to set aside some of this money for a specific purpose, like buying new equipment or expanding the business. This money cannot be used to pay dividends to shareholders or for other purposes. Surplus revenue is also called appropriated retained earnings or surplus earnings.

A more thorough explanation:

Surplus revenue refers to the excess income or earnings that a company or organization has after all expenses and dividends have been paid. This surplus revenue can be used for various purposes, such as reinvesting in the business, paying off debt, or distributing to shareholders as dividends.

  • A company earns $1 million in revenue and has $800,000 in expenses and dividends. The remaining $200,000 is considered surplus revenue.
  • A non-profit organization receives $50,000 in donations and spends $40,000 on programs and services. The remaining $10,000 is considered surplus revenue.

These examples illustrate how surplus revenue is calculated by subtracting all expenses and dividends from total revenue. It is important for companies and organizations to manage their surplus revenue effectively to ensure long-term financial stability and growth.

surplus profit | surplus water

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
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the devil
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20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
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im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
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22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
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JumpySubsequentDolphin
22:39
@splitty Oregon!
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JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
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