Surplus Share

Business, Legal & Accounting Glossary

Definition: Surplus Share


Surplus Share


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


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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.