The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CLEAN SURPLUS CONCEPT Definition & Legal Meaning

Definition & Citations:

Concept accepted that a firm’s income statement will exclude all gains or losses related directly to equity, and only show all other non-equity-based gains and losses.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.