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acquired surplus meaning

  "acquired surplus" in a sentence
  • [Finance]
    The surplus acquired when a company is purchased in a pooling of interests combination, i.e. the net worth not considered to be capital stock.

Examples

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  1. However these plans were abandoned because the Marine Corps acquired surplus Army fields.
  2. Egghead last summer acquired Surplus Direct, which sells close-out computer goods online.
  3. Federal agencies and local governments were given first priority to acquire surplus buildings before they were scrapped.
  4. He used his contacts and expertise to acquire surplus weapons in large quantities to sell to various private and government buyers throughout the world.
  5. When residents voted down proposals to issue bonds for school construction, the school board acquired surplus barracks from army bases to use as temporary classroom.

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