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

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Dictionary Entries Near revenue sharing

Cite this Entry

“Revenue sharing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20sharing. Accessed 23 Nov. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!