revenue sharing

noun

: the dispensing of a portion of federal tax revenue to state and local governments to assist in meeting their monetary needs

Word History

First Known Use

1966, in the meaning defined above

Time Traveler
The first known use of revenue sharing was in 1966

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Dictionary Entries Near revenue sharing

revenuer

revenue sharing

revenue stamp

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Cite this Entry

“Revenue sharing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20sharing. Accessed 29 Nov. 2024.

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