the system of disbursing part of federal tax revenues to state and local governments for their use.
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- revenue agent,
- revenue bond,
- revenue cutter,
- revenue enhancement,
- revenue stamp,
- revenue tariff,
Origin of revenue sharing
First recorded in 1970–75
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for revenue sharing
The issues of fair digital pricing and revenue-sharing are far from resolved.
A transfer of tax revenue from one unit of government, such as the federal government, to other units, such as state governments.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.