Surplus Share

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Definition: Surplus Share

Surplus Share
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Full Definition of Surplus Share

A pro rata obligation by a reinsurer to cover an insured for the value of a policy not covered by the primary insurer. In exchange, the reinsurer collects a proportional amount of the premium paid.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/surplus-share/
Modern Language Association (MLA):
Surplus Share. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 18, 2025 https://payrollheaven.com/define/surplus-share/.
Chicago Manual of Style (CMS):
Surplus Share. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/surplus-share/ (accessed: March 18, 2025).
American Psychological Association (APA):
Surplus Share. PayrollHeaven.com. Retrieved March 18, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/surplus-share/

Definition Sources

Definitions for Surplus Share are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.