Technical Definition Of Government Revenue

The financial gain accruing over a given period of time tax.

Technical definition of government revenue. This particular framework deals with revenue management planning accounting for and safeguarding the revenues of government departments. Government revenue definition of government revenue by the free dictionary. Colloquially put total revenue is all the income a government receives. The draft regulation might however be improved in some technical respects.

To finance the goods and services they provide to citizens and businesses and to fulfil their redistributive role. Meaning of government revenue. Governments however also have recourse to raising funds through the sale of their goods and services and because government. Seignorage is one of the ways a government can increase revenue by deflating the value of its.

General government revenue governments collect revenues mainly for two purposes. Government revenue is the income available to fund the activities of a government. A total of 10 technical competencies dictionaries have been developed with the intention of contributing to human resource development in public financial management. Government revenue or national revenue is money received by a government from taxes and non tax sources to enable it to undertake government expenditures.

Information and translations of government revenue in the most comprehensive dictionary definitions resource on the web. Running a country can be very expensive and governments have a wide range of responsibilities such as operating the various departments maintaining an armed force investing in development and the alleviation of poverty every country has a fixed method of revenue generation that varies from control of a. Other articles where government revenue is discussed. Governments acquire the resources to finance their expenditures through a number of different methods.

What does government revenue mean. Government revenue as well as government spending are components of the government budget and important tools of the government s fiscal policy. More formally total revenue is the aggregate of all transactions recorded under resources in the esa framework including subsidies receivable in the current accounts and capital transfers receivable recorded in the capital account. A in accordance with regulation ec no 1500 2000 the title quarterly non financial accounts for general government would best be changed to quarterly data on general government expenditure and revenue.

Government revenue synonyms government revenue pronunciation government revenue translation english dictionary definition of government revenue. Comparing levels of government revenues across countries provides an indication of the importance of the government sector in the economy in terms of.