Acquired Surplus Law and Legal Definition

Acquired surplus is the surplus arising from changes of capital structure of one or more businesses. This usually happens when one business is bought by another business. Acquired surplus also refers to the combined net worth of a company that is not classified under capital stock. Excess of assets which is left over when a firm has been purchased in a pooling of interests combination is acquired surplus. Such company’s net worth does not include all shares representing ownership of corporation.