REVENUE SHARING Meaning and
Definition
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Revenue sharing refers to the practice of distributing a portion of the earnings or proceeds generated by a business or organization among its various stakeholders. This method allows for the redistribution of wealth, providing individuals or groups with a share of the revenue based on predetermined criteria or agreements.
In the business context, revenue sharing typically involves the distribution of profits between a company and its partners or affiliates. This partnership may be in the form of a joint venture, franchise agreement, or any other type of cooperative arrangement. The amount of revenue each party receives is often determined by specific rules or contracts, taking into account factors such as market share, sales volume, or contribution to overall success.
Revenue sharing can also be an arrangement between the government and its constituents. In this scenario, a portion of the tax revenue collected by the government is allocated to local governments, municipalities, or other entities at various levels. The funds are used to support the provision of public goods and services, such as infrastructure development, education, healthcare, or social welfare programs.
Overall, revenue sharing entails sharing or distributing a portion of the income or revenue generated by an entity with relevant stakeholders, partners, or governments. It serves as a mechanism for promoting fairness, collaboration, and equitable distribution of financial resources.
Common Misspellings for REVENUE SHARING
- eevenue sharing
- devenue sharing
- fevenue sharing
- tevenue sharing
- 5evenue sharing
- 4evenue sharing
- rwvenue sharing
- rsvenue sharing
- rdvenue sharing
- rrvenue sharing
- r4venue sharing
- r3venue sharing
- recenue sharing
- rebenue sharing
- regenue sharing
- refenue sharing
- revwnue sharing
- revsnue sharing
- revdnue sharing
Etymology of REVENUE SHARING
The term "revenue sharing" is composed of two words: "revenue" and "sharing".
1. "Revenue" comes from the Middle English word "revenue" or "reuenue", which originated from the Old French word "revenue". The Old French term was derived from the Late Latin word "revenire", meaning "to return". It is a combination of the Latin prefix "re-" (meaning "again" or "back") and the Latin verb "venire" (meaning "to come"). Hence, "revenue" originally referred to the return or income that comes back to someone or some entity.
2. "Sharing" comes from the Old English word "sceran" or "scearu", which means "to cut" or "divide".
Similar spelling word for REVENUE SHARING
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