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

USC certainly isn’t alone in that regard, as revenue sharing and name, image and likeness payments have become a prime part of the process.

From Los Angeles Times

Mr. Smith’s tenure saw player gains in salaries, revenue sharing and other areas.

From The Wall Street Journal

A Commerce document soliciting funding applications says the deals might include warrants, licenses to intellectual property, royalties or revenue sharing in addition to equity stakes.

From The Wall Street Journal

Whether the players can condition revenue sharing on team progress also is uncertain.

From Los Angeles Times

That’s the attraction in a league where the eight schools don’t participate in NIL revenue sharing with students but will finally let football teams participate in the FCS playoffs this season.

From Los Angeles Times