Definition

Noun: - Government revenue refers to the total income received by a government from various sources. This income is used to fund public expenditures, services, and obligations. It is the money that flows into the government's treasury.

Usage

Government revenue is a crucial concept in economics and public finance. It is typically discussed in the context of national budgets, fiscal policy, and taxation. - It is often categorized into types such as tax revenue (from income, sales, corporate taxes) and non-tax revenue (from fees, fines, or state-owned enterprises). - The term is used as a singular, uncountable noun when referring to the collective income.

Examples

• Noun:
  • A decline in government revenue forced cuts to public services.
  • The new policy aims to increase government revenue without raising income taxes.
  • The report analyzes the sources of government revenue for the fiscal year.

Advanced Usage

• "to bolster/boost government revenue": to strengthen or increase the government's income.
  • The administration proposed measures to bolster government revenue.
• "shortfall in government revenue": a situation where income is less than expected or needed.
  • The economic downturn led to a significant shortfall in government revenue.

Variants and Related Words

• Tax revenue (n): The part of government revenue that comes specifically from taxes.
  • Tax revenue accounts for the largest share of government revenue.
• Fiscal revenue (n): A synonym often used in economic contexts, emphasizing the financial aspect of government income.
• Public revenue (n): Another term with a very similar meaning to government revenue.

Synonyms

• Public income
• National revenue
• State income

Related Phrases

• Revenue collection: The process of gathering government income, especially taxes.
  • Efficient revenue collection is essential for a functioning state.
• Revenue stream: A specific source from which revenue consistently comes.
  • Tourism is an important revenue stream for the island's government.

Noun

1. income available to the government