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

See Examples For:

revenue sharing

The new revenue sharing deal agreed with the White House is "in parallel" to that, he said.

From BBC ● Jul. 24, 2026

The casino has funded theater programs, youth writing intensives and revenue sharing with neighboring tribes.

From Los Angeles Times ● Jun. 24, 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

His revenue sharing, which he did not disclose, creates conflicts of interest as advisers may be incentivized to recommend funds that pay them more.

From The Wall Street Journal ● Mar. 29, 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)