State surplus property definition
State surplus property means surplus property that is not:
State surplus property means property (supplies, materials or equipment) with the following characteristics:
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Related to State surplus property
Surplus property means excess personal property not required by any Federal agency as determined by the Administrator of the General Services Administration (GSA).
Operating Surplus means, with respect to any period ending prior to the Liquidation Date, on a cumulative basis and without duplication,
surplus assets means the assets of a company remaining after the payment of creditors' claims and available for distribution in accordance with Part XI of the Companies Act 1984 prior to its removal from the register of companies;
Distributable surplus means the Gains that has been realised on a marked to market basis and is carried forward to the balance sheet at market value, arising out of appreciation on investments which is readily available for distribution to the unit holders as Income.
Reserve Account Surplus means, as of any Transfer Date following the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Account Amount.