surplus profit
Corporations. The excess of revenue over expenditures. • Some jurisdictions prohibit the declaration of a dividend from sources other than surplus profit. [Cases: Corporations 151. C.J.S. Corporations § 293.]
Corporations. The excess of revenue over expenditures. • Some jurisdictions prohibit the declaration of a dividend from sources other than surplus profit. [Cases: Corporations 151. C.J.S. Corporations § 293.]