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LSDefine

Simple English definitions for legal terms

public revenue

Read a random definition: subsequent remedial measure

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.

public reprimand | public right

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20:07
I am semi proficient in spanish.
20:08
nice same. This sounds bad but I do not like how spanish sounds.
20:09
or english for that matter
20:09
There is nothing wrong with that. I like all the languages. It is tones that annoy me.
20:10
and fabrics
20:14
@GalenMeric: Sorry, tones is what I meant. Are you a wool fabric fan?
20:40
I think my only wool piece is my suits, and I like those quite a bit.
21:11
Wool is the best fabric
21:12
I only buy wool, denim, leather, and loop wheel cotton
21:31
@NemoPropheta: Im on that polyester, nylon, spandex, rayon, and fleece grind fam
21:32
jk but fr: I was watching how to fold dress shirts so they do not wrinkle, and the dude did his folding on a wool blanket so that the wool fibers grabbed the cotton shirt (like velcro), that is smart asf
21:32
That is smart
21:33
I want a weatherwool blanket
21:33
But I hang my shirts but Ive heard arguments against it
21:34
Generally I fold knitwear and hang everything else
21:35
Cant wait to get that big law money and spend it all on clothes 🙏
21:37
@NemoPropheta: his point was to protect the collar at all costs, therefore fold most shirts. I HATE when collars be acting out, so I will adpot his method: https://www.youtube.com/shorts/QaVKudd36zc?feature=share
21:38
oh fr wearin a suit is so fun t. someone who wears a suit seldomly
21:40
Yeah that makes sense, I do hate when my collar stick out at the sides, I cant figure out how to iron them so they maintain their shape
21:48
collar stays may be the answer. also, shirt stays are goated
21:50
@NemoPropheta: those look so nice, but i feel like one spec of dirt or one crease will ruin ur week, even if the money means nothing?
23:18
Idk I like worm i
23:19
bruh
23:19
I like worn in leather, and dirt is easy enough to clean off*
OrangeThing
23:27
Am I still muted on here
OrangeThing
23:27
Oh I guess not
OrangeThing
23:27
Hello all
f$ll to MarqU baby
Ur-
0:34
@OrangeThing: Welcome back Renard99
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