revenue

revenue. Gross income or receipts.

general revenue. The income stream from which a state or municipality pays its obligations unless a law calls for payment from a special fund. See general fund under FUND(1). [Cases: Municipal Corporations 886; States 126. C.J.S. Municipal Corporations § 1627; States § 228.]

land revenue. Revenue derived from lands owned by the Crown in Great Britain. • Since, over the years, crown lands have been largely granted to subjects, they are now transferred within very narrow limits. See Crown land under LAND.

marginal revenue. The amount of revenue earned from the sale of one additional unit.

public revenue. A government’s income, usu. derived from taxes, levies, and fees.


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