What's the difference between assets and surplus?

Assets


Definition:

  • (n. pl.) Property of a deceased person, subject by law to the payment of his debts and legacies; -- called assets because sufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend.
  • (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts.
  • (n. pl.) The entire property of all sorts, belonging to a person, a corporation, or an estate; as, the assets of a merchant or a trading association; -- opposed to liabilities.

Example Sentences:

  • (1) A statement from the company said it had assigned all its assets for the benefit of creditors, in accordance with Massachusetts' law.
  • (2) The surge the prime minister talks about can only be achieved by coordinating assets across 43 forces.
  • (3) I believe that truth sets man free.” It was a curious stance for someone who spent many years undercover as a counter-espionage informant, a government propagandist, and unofficial asset of the Central Intelligence Agency.
  • (4) Henderson was given permission to join Fulham when Brendan Rodgers arrived at Anfield in 2012 but has since developed into an important asset for the Liverpool manager, to the extent that the 24-year-old is the leading candidate to succeed Steven Gerrard as club captain when the 34-year-old leaves for LA Galaxy.
  • (5) Half a million homes were sold in Scotland, we lost a huge, huge chunk of stock, and as house prices began to escalate so any asset to the community has gone.
  • (6) The Press Association tots up a total of £26bn in asset sales last year – including the state’s Eurostar stake, 30% of the Royal Mail and a slice of Lloyds.
  • (7) And we will sell those assets that can be managed better by the private sector.
  • (8) If you get a fit Diaby back, it will be a major asset for our team.
  • (9) Unfortunately, it probably won’t happen with many countries … But if we can have a great relationship with Russia, and China, and all countries, I’m all for that, that would be a tremendous asset.
  • (10) Glencore has responded in textbook fashion: it has cut operating costs, sold assets and taken the axe to capital investment.
  • (11) The reputations of companies linked to fossil fuels are at immediate risk from a fast-growing divestment campaign, one of Europe’s biggest asset managers has warned.
  • (12) But the full detail of the report and the scale of their assets is striking.
  • (13) Above all, Addis could help close tax loopholes that allow multinational companies to report profits in tax havens – rather than where their workforces, assets or sales are.
  • (14) The Ministry of Defence has said it is “planning for a seamless transition of assets”.
  • (15) The decision to split up News Corp followed the News of the World phone-hacking scandal, which focused the attention of investors on the company's newspaper assets, which are far less profitable than its film and TV businesses.
  • (16) Declarations are not public and the New York Times said four-fifths of the assets it found were held by relatives not covered by party rules, including his mother and various in-laws.
  • (17) Work with colleagues to retrieve, centrally store, check permissions and give new life to these assets.
  • (18) A trained economist, Klatten is Germany's richest woman with assets worth $14.3bn (and 58th richest in the world).
  • (19) He’s struck a few chords with the immigration stuff, and he’s managed to capture the most valuable asset in a campaign, which is the attention of the press.
  • (20) Whether divorce interrupts the savings process or destroys assets, it is unlikely that most individuals will be able to save enough in later life to overcome the loss.

Surplus


Definition:

  • (n.) That which remains when use or need is satisfied, or when a limit is reached; excess; overplus.
  • (n.) Specifically, an amount in the public treasury at any time greater than is required for the ordinary purposes of the government.
  • (a.) Being or constituting a surplus; more than sufficient; as, surplus revenues; surplus population; surplus words.

Example Sentences:

  • (1) Richard Hill, deputy chief executive at the Homes & Communities Agency , said: "As social businesses, housing associations already have a good record of re-investing their surpluses to build new homes and improve those of their existing tenants.
  • (2) They also said no surplus that built up in the scheme, which runs at a £700m deficit, would be paid to any “sponsor or employer” under any circumstances.
  • (3) Quoting the BBC-commissioned survey of more than 2,000 adults, Lyons said they had been given six choices what to do with the licence fee surplus once digital switchover was complete.
  • (4) The Tories plan to start running a surplus from 2018.
  • (5) Any surplus food left over goes to anaerobic digestion energy plants, which turn food waste into electricity.
  • (6) He still insists that the nation will return to surplus by 2020 – a make-or-break target that will define the success or failure of his fiscal mission.
  • (7) He shares any dificit or surplus remaining at the end of the year.
  • (8) These surplus chromophores become esterified and are temporarily taken up by the pigment epithelium to be re-entered into the visual cycle as fast as they can be processed by the regenerative machinery of the rod outer segments.
  • (9) In the midst of this catastrophe, the troika is insisting on further austerity to achieve massive primary budget surpluses of 3% in 2015, 4.5% in 2016 and even more in future years.
  • (10) George Osborne’s hopes of securing a budget surplus by the time of the next general election rest on continuing high levels of net migration to Britain, the Office for Budget Responsibility has made clear.
  • (11) Industry surplus is hard to avoid, but what Community Shop shows is that if we all work together we can make sure that surplus food delivers lasting social good."
  • (12) However, he became surplus to requirements under Steve Bruce and followed Paulo da Silva and David Healy out of the Stadium of Light.
  • (13) Transfection with B beta cDNA not only increased the synthesis of B beta chain but also increased the rate of synthesis of the other two component chains of fibrinogen and maintained surplus intracellular pools of A alpha and gamma chains.
  • (14) The possibility that Osborne could adopt a flexible approach surfaced when John McDonnell, the shadow chancellor, asked him whether he would adopt a “less excessive surplus target”.
  • (15) Off came defensive midfielder Claudio Yacob, rendered surplus to requirements by the dismissals of Afellay and Adam, and on went forward Rickie Lambert.
  • (16) "The forces of capitalism are squeezing out anything that doesn't focus on extracting as much surplus value as it can from people and the planet.
  • (17) The persona that emerged during day two of Breivik's 10-week trial was a rambling, repetitive obsessive, fixated on a threat he never truly managed to articulate, but which involved "cultural Marxists", whom he claimed had destroyed Norway by using it as "a dumping ground for the surplus births of the third world".
  • (18) Even in zoos voted the best in Europe, the Captive Animals’ Protection Society has pointed out, there can be enough evidence of animals behaving abnormally, or a casual approach to culling any surplus, to avoid them or, ideally, close them down.
  • (19) Then you happen on a large notice board festooned with flyers and cards, many offering help, companionship and solidarity to those who have been deemed surplus to the requirements of consumerism.
  • (20) In the medium term, Athens will have to aim at a 3.5% primary surplus.