SURPLUS generally means any excess amount, but in finance it is the remainder of a fund appropriated for a particular purpose. In a corporation, surplus means assets left after liabilities and debt, including capital stock, has been subtracted.
GOOD DELIVERY, in securities, is the opposite of a fail. The instrument and the dollar amounts agree and a transaction is completed as initially executed. "Good delivery form" is when the instrument is properly documented in all respects and therefore acceptable for delivery to complete a transaction.
FLASH REPORT provides highlights of key information promptly to the responsible managerial accountant; also called EXCEPTION REPORT.
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