Short Definition Of Government Revenue

In many cases the most important of these by far is taxation.

Short definition of government revenue. Governments however also have recourse to raising funds through the sale of their goods and services and because government. Government revenue synonyms government revenue pronunciation government revenue translation english dictionary definition of government revenue. The government may either sell goods or render services like train city bus electricity transport posts and telegraphs water supply etc. The government acts like a business person and the public acts like its customers.

The financial gain accruing over a given period of time tax. The revenue deficit refers to the financial position wherein the government s revenue expenditure exceeds its total revenue receipts this means that government s own earnings are not sufficient to meet the day to day functioning of its departments and other provisions of services. Government revenue or national revenue is money received by a government from taxes and non tax sources to enable it to undertake government expenditures. Define government revenue by webster s dictionary wordnet lexical database dictionary of computing legal dictionary medical dictionary dream dictionary.

A survey produced quarterly by the census bureau that provides estimates of total operating revenue and percentage of revenue by customer class for communication key. Government revenue definition of government revenue by the free dictionary. Government revenue as well as government spending are components of the government budget and important tools of the government s fiscal policy. Information and translations of government revenue in the most comprehensive dictionary definitions resource on the web.

Meaning of government revenue. The government also earns revenue from the production of commodities like steel oil life saving drugs etc. Looking for definition of government revenue. Governments acquire the resources to finance their expenditures through a number of different methods.

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