revenue sharing

American  

noun

1. the system of disbursing part of federal tax revenues to state and local governments for their use.

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revenue sharing Cultural  

1. A transfer of tax revenue from one unit of government, such as the federal government, to other units, such as state governments.

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Other Word Forms

• revenue-sharing
  adjective

Etymology

Origin of revenue sharing

First recorded in 1970–75

Example Sentences

And, Caplin told me, all that revenue sharing would give the 12 teams currently under the proposed $171 minimum payroll a way to get there.

From Los Angeles Times • Jun. 2, 2026

Stripling believes he can win by concentrating on young athletes, the ones suddenly showered in six- or seven-figure payments from draft bonuses, college revenue sharing payments, and name, image and likeness deals.

From Los Angeles Times • May 17, 2026

She tried unsuccessfully to win amendments that would require the state to negotiate a private investment and revenue sharing with the Blazers.

From Salon • Mar. 30, 2026

Laskin has also privately told investors that there could be a revenue sharing agreement between Reflection and Nvidia if their technology is integrated and sold together.

From The Wall Street Journal • Mar. 24, 2026

They include a $17 billion program of Federal revenue sharing with the States and localities as an investment in their renewal, an investment also of faith in the American people.

From State of the Union Address by Nixon, Richard M. (Richard Milhous)