farebox

[fair-boks]

noun

1. a metal box for passenger fares, as on a bus or streetcar.

Word History and Origins

Origin of farebox¹

fare + box ¹

Example Sentences

Along with state and local subsidies, farebox revenues fund transit agencies’ operating costs, such as staffing, fuel, and maintenance.

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If the MTA does make the move, what will happen if future public leaders refuse to contribute the hundreds of millions of dollars necessary to offset the absence of farebox revenue?

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The resulting decline in farebox revenue then opens a new budget gap that necessitates further service reductions, and the cycle repeats.

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And as our physical infrastructure increasingly breaks down—with late, crowded buses because high-wage professionals are working remotely and reducing the farebox revenue for transit authorities, with shortened business hours for stores as brick-and-mortar retail becomes less viable, with more dangerous streets—these workers pay the price.

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“In bigger cities, you have a lot of people taking shorter trips, so the farebox recovery ratio tends to be higher” and more important budgetwise, he said.

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