Surplus Stock means Stock held by a Member that is in excess of the limitation set forth in Section II(B)(2)(c) hereof and that is subject to conversion to Class B(2) Stock.

What does it mean to surplus inventory?

Surplus inventory is inventory that a company holds in excess of the amount that they deem necessary to have within a specific time period. ... And in some ways there are advantages to having surplus inventory. For example this means that you have higher assets to put on your balance sheet.

What does surplus mean example?

A surplus is when you have more of something than you need or plan to use. For example, when you cook a meal, if you have food remaining after everyone has eaten, you have a surplus of food.