revenue sharing
noun
the system of disbursing part of federal tax revenues to state and local governments for their use.
Origin of revenue sharing
First recorded in 1970–75
OTHER WORDS FROM revenue sharing
rev·e·nue-shar·ing, adjectiveWords nearby revenue sharing
revenue,
revenue agent,
revenue bond,
revenue cutter,
revenue enhancement,
revenue sharing,
revenue stamp,
revenue tariff,
revenuer,
reverb,
reverberant
Example sentences from the Web for revenue sharing
The issues of fair digital pricing and revenue-sharing are far from resolved.
Cultural definitions for revenue sharing
revenue sharing
A transfer of tax revenue from one unit of government, such as the federal government, to other units, such as state governments.