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

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

The terms of his deal there weren’t made public, but packages for hotly recruited athletes at top programs like LSU can include free tuition, revenue sharing, endorsement money and parent stipends for travel.

From The Wall Street Journal ● May 10, 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

Last year I strongly recommended a 5-year extension of the existing revenue sharing legislation, which thus far has provided $23 1/2 billion to help State and local units of government solve problems at home.

From State of the Union Address by Ford, Gerald R.