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Simple English definitions for legal terms

public revenue

Read a random definition: free on board

A quick definition of public revenue:

Public revenue refers to the money that a government earns from taxes, fees, and other sources. It is the income that a government uses to pay for things like schools, roads, and public services. Marginal revenue is the amount of money earned from selling one more unit of a product or service. General revenue is the income stream that a state or municipality uses to pay its obligations, unless a law calls for payment from a special fund. Land revenue is the revenue derived from lands owned by the Crown in Great Britain, which are now largely granted to subjects within narrow limits.

A more thorough explanation:

Definition: Public revenue refers to the income stream that a government receives, usually from taxes, levies, and fees.

Examples:

  • General revenue: This is the income stream that a state or municipality uses to pay its obligations, unless a law calls for payment from a special fund. For example, if a city needs to pay for road repairs, it would use its general revenue to do so.
  • Land revenue: This is revenue that is derived from lands owned by the Crown in Great Britain. However, since most of these lands have been granted to subjects over the years, the revenue generated from them is now limited.
  • Marginal revenue: This refers to the amount of revenue earned from the sale of one additional unit. For example, if a company sells 100 units of a product and earns $10,000 in revenue, and then sells one more unit and earns $100 in revenue, the marginal revenue for that additional unit is $100.

The examples illustrate the definition of public revenue by showing different types of income streams that a government or organization can receive. General revenue is the most common type of public revenue, as it is used to pay for a variety of obligations. Land revenue is a more specific type of public revenue that is derived from lands owned by the Crown in Great Britain. Marginal revenue is a concept that is used to measure the additional revenue earned from the sale of one more unit of a product or service.

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14:19
I wrote Raytheon instead of RTX since its more recognizable
14:19
[deleted by starfishies]
14:20
@bonelesscannoli: swagalicious i will add the inc.
14:20
[deleted by starfishies]
@c0bra1: U work in retail?
14:21
im assuming he was an intern
14:24
@bonelesscannoli: no i interned also i hate this 15 message limit
14:25
howd you manage the internship? theyre super competitive
@c0bra1: I gotcha
14:31
@NemoPropheta: mine was on a chill team so i had a good time, but apple works like a bunch of little companies that report to the same ppl so its a little isolating if you're not in the same office/don't go out much. i didn't take RO to intern again
14:32
i applied cold and happened to team match well from something i did on a prior internship
@Sex-Drive: we have entirely different living standards if you think 60k is "hardly anything to live off of:"
i make around that in a hcol area and feel like im balling out while saving over 20% of my income
@Sex-Drive: Seconding what Windy's saying. I live in a LCOL and I'm fully able to support myself and my family on my paycheck alone. $60k in a HCOL while single was living check to check.
14:55
[deleted by starfishies]
not to be a boomer but i think people need to realize that you are supposed to be broke in your early 20s
oh no its dk again
What did they even post?
probably calling me an anti-hispanic slur
if I want to transfer to nyu is it better to go to washu or cardozo
(also why does nyu accept so many transfers from brooklyn lmao, what other t125 will let you transfer that high)
15:07
transferring is grades dependent so "better" is a little weird to define - a lot of ppl don't want to give up schollys/networks for ranking purposes. that being said im going to dozo and hoping for a nyu transfer lol
15:08
i think they take a lot from brooklyn just by the nature of being a nyc school. 3 out of 15 transfers out of cardozo went to nyu last year which is technically a good sign but you'd consider that the rate of ppl at washu wanting to move to nyc and pay sticker after a year is probably lower than the rate of ppl at nyc schools who want to
15:09
i dont really know how important it is to be median vs 75th of transfer gpa but id imagine keeping a B+/A- average is pretty hard in 1L and easier said than done
15:58
my bitches shaking ass with they hand out
NosyBeagle
16:49
did someone say shaking ass
16:55
im crashing out
im locking in
I'm locking [my daughter] in [the basement]
18:17
Im in the [spread] sheets locked [tf] in
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