revenue sharing

noun

1. the system of disbursing part of federal tax revenues to state and local governments for their use.

revenue sharing

1. A transfer of tax revenue from one unit of government, such as the federal government, to other units, such as state governments.

Other Word Forms

• revenue-sharing adjective

Word History and Origins

Origin of revenue sharing¹

First recorded in 1970–75

Example Sentences

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

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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.

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

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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.

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The role of collectives in offering additional compensation to athletes beyond revenue sharing continues to evolve as part of a shift away from what was previously considered a hard cap on earnings.

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