Surplus Center (2024)

FAQs

What is surplus answers? ›

A surplus describes the amount of an asset or resource that exceeds the portion that's actively utilized. A surplus can refer to a host of different items, including income, profits, capital, and goods.

Returning Merchandise

If you receive a product from us and are not satisfied or the item is not suitable for your application, you can return it within 30 Days, as long as the item has not been installed or modified and it is in the original manufacturers condition.

Having a surplus can be beneficial because those funds can be used to pay off debt or fund new investments. But there are risks to running a surplus, which include increased taxation or pricing and a loss of revenue.

surplus refund means the refund from the surplus given/credited to the accounts of members, in proportion to their use of the services of the cooperative in accordance with the articles of association and resolutions of the general body; Sample 1Sample 2Sample 3.

Get Outside Help. Contact your state attorney general or state consumer protection office. These government agencies might mediate complaints, conduct investigations, and take other action against those who break consumer protection laws.

Surplus Return is a term describing Returns initiated due to unused/surplus Raw Material or unsold Finished Goods.

: the amount that remains when use or need is satisfied. b. : an excess of receipts over disbursem*nts. 2. : the excess of a corporation's net worth over the par or stated value of its stock.

In simple terms, a surplus means the amount of something – be it an asset or a resource – which is over and above the amount that is actually being used.

A surplus is when you have more of something than you need or plan to use. For example, when you cook a meal, if you have food remaining after everyone has eaten, you have a surplus of food. You can choose to throw the food out, stockpile it, or try to find someone else, like a neighbor, who wants to eat the food.

Surplus is used to describe something that is extra or that is more than is needed. Few people have large sums of surplus cash. I sell my surplus birds to a local pet shop. The houses are being sold because they are surplus to requirements.