Earned Surplus - Law Dictionary Search Results
Earned surplus
Earned surplus, it represents a specific account into which are added the … made out of it and the balance is regarded as 'earned surplus' at the end of the year. This account is specifically
earned surplus
earned surplus see surplus
surplus
compare undivided profits capital surplus : all surplus other than earned surplus earned surplus : the surplus that remains after deducting losses, … profits capital surplus : all surplus other than earned surplus earned surplus : the surplus that remains after deducting losses, distributions to
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retained earnings
retained earnings : earned surplus at surplus
Accumulated profits
profits, Profit that has accrued but not yet been distributed; earned surplus - also termed undivided profits, See C.I.T. v. Urmila Ramesh,
undivided profits
undivided profits : earnings of a business that have been retained instead of being … of being distributed to stockholders or owners or designated as surplus compare surplus
dividend
dividend 1 : the part of corporate net earnings distributed usually periodically (as quarterly) to stockholders in the form … nonrecurring increase of revenue 2 : a share of the surplus earnings of a mutual insurance company paid to policyholders either
Contribution plan
giving to each policy the excess of premiums and interest earned thereon over the expenses of management cost of insurance and … A plan of distributing surplus by giving to each policy the excess of premiums and
National insurance
is remunerated by a share in the profits or gross earnings of the vessel. (h) Service in H.M. Forces. The Acts … can give to its members as a result of a surplus balance. These benefits must be of a specified character and
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