Revenue Sharing Grants Definition
What does revenue sharing grant mean.
Revenue sharing grants definition. Information and translations of revenue sharing grant in the most comprehensive dictionary definitions resource on the web. Revenue sharing can exist as a profit sharing system that. Revenue sharing a government unit s apportioning of part of its tax income to other units of government. Unlike categorical grants that are program specific revenue sharing provides flexibility to subnational political jurisdictions in using federal funds tailored to their special needs.
English noun. Revenue sharing grants synonyms revenue sharing grants pronunciation revenue sharing grants translation english dictionary definition of revenue sharing grants. See the dictionary meaning pronunciation and sentence examples. For example a partnership shares revenue between partners in accordance with each one s share in the company.
Most people chose this as the best definition of revenue sharing grant. Meaning of revenue sharing grant. Jump to navigation jump to search. Alternatively revenue sharing may indicate any arrangement where a company gives a portion of its profits to its employees or other companies in an alliance.
Laws determine the formulas by which revenue is. Plural of revenue sharing grant. Revenue sharing is a somewhat flexible concept that involves sharing operating profits or losses among associated financial actors. Alternatively revenue sharing may indicate any arrangement where a company gives a portion of its profits to its employees or other companies in an alliance.
The practice of splitting a company s profits and losses between parties. The practice of splitting a company s profits and losses between parties. Us federal grants distr. For example provinces or states may share revenue with local governments or national governments may share revenue with provinces or states.
Revenue sharing is a type of fiscal federalism whereby the federal government allocates revenue to state and local governments with little or no strings attached. Definition from wiktionary the free dictionary.