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

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

From Salon

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

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

While NIL and revenue sharing had created a run on transfer portal talent, Lloyd sensed that freshmen right out of high school had become an undervalued commodity.

From The Wall Street Journal

His revenue sharing, which he did not disclose, creates conflicts of interest as advisers may be incentivized to recommend funds that pay them more, rather than those that are strictly in the client’s best interest.

From MarketWatch