Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
CYCLICALLY ADJUSTED SURPLUS Definition & Legal Meaning
Definition & Citations:
The extra income that can be expected assuming normal economic behavior. Taxes and spending are assumed to be the same.
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.