Define: Revenue Sharing

UK Accounting Glossary

Definition: Revenue Sharing



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Full Definition of Revenue Sharing


Revenue sharing has multiple meanings. Commonly, revenue sharing is used to describe when operating profits and losses are split between a general partner and limited partners under a limited partnership form of business ownership. Revenue sharing also refers to when operating profits are shared among a company’s employees or when revenues are shared among companies that form some type of an alliance.

A company that offers a revenue-sharing plan can often recruit and retain quality employees. There are also many benefits that revenue sharing offers employees. Revenue sharing can help an individual build retirement security. Often, taxes on earnings can also be deferred until a revenue-sharing plan pays benefits. Revenue sharing also pertains to the United States government, where a portion of tax revenues from one government body transfers to another.


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https://payrollheaven.com/define/revenue-sharing/
Modern Language Association (MLA):
Revenue Sharing. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. March 31, 2020 https://payrollheaven.com/define/revenue-sharing/.
Chicago Manual of Style (CMS):
Revenue Sharing. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/revenue-sharing/ (accessed: March 31, 2020).
American Psychological Association (APA):
Revenue Sharing. PayrollHeaven.com. Retrieved March 31, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/revenue-sharing/

Definition Sources


Definitions for Revenue Sharing are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th February 2020.