Excess
121excess contribution — The amount by which an IRA contribution exceeds the allowable limits. If an excess contribution is not properly corrected, a 6% IRS penalty applies. Bloomberg Financial Dictionary …
122excess reserves — Amount of reserves held by an institution in excess of its reserve requirement and required clearing balance. Also see reserves. Bloomberg Financial Dictionary Actual reserves that exceed required reserves. Bloomberg Financial Dictionary …
123excess returns — Difference between an asset s return and the riskless rate. Sometimes confused with abnormal returns, returns in excess of those required by some asset pricing model. Bloomberg Financial Dictionary …
124excess luggage — see excess baggage …
125excess profits tax — tax on the profits of a business enterprise in excess of the average profits for a number of base years, ept (Finance) …
126Excess statutory depletion — The excess of estimated statutory depletion allowable as an income tax deduction over the amount of cost depletion otherwise allowable as a tax deduction, determined on a total enterprise basis. U.S. Dept. of Energy, Energy Information… …
127excess capacity — The part of the output of a plant or process that is not currently being utilized but which, if it could be, would reduce the average cost of production. The excess capacity is thus the amount by which the present output must be increased to… …
128excess reserves — Higher reserves than required, held by banks. This usually undesirable state occurs as a result of poor demand for loans or high interest rates. Banks often sell excess reserves to one another …
