Definitions for "Revenue" Add To Word List
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Funds collected by government so that it may carry out its functions.
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Stamps Stamps not valid for postal use but issued for collecting taxes.
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Revenue is the money you collect for providing a product or service.
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Revenues include the collections that result from Government activity, such as taxes. They do not include collections that result from the Government's business-like activities, such as the entrance fees at national parks. Business-like collections are subtracted from total spending to calculate outlays for the year.
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Money coming into the county budget to pay for services. Sometimes used to refer to all revenue sources that don't include property taxes.
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The income the nation collects from taxes.
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The yield of taxes and other sources of public moneys.
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The government collects money primarily through the individual income tax, but also through other types of taxation and user fees, such as National Park entrance fees. Revenues are compared with outlays in determining the overall state of the budget - balanced, in deficit, or in surplus.
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Money collected by the government.
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Revenue stamps are those which have been provided to signify the collection of a tax. For example, tax stamps are used to signify payment of document taxes. Such stamps are also cancelled after being applied to the item which is being taxed.
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