Definition of General Revenue

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TeachMeFinance.com - explain General Revenue



General Revenue

The term 'General Revenue ' as it applies to the area of Medicare in the United States can be defined as ' Income to the SMI trust fund from the general fund of the Treasury. Only a very small percentage of total SMI trust fund income each year is attributable to general revenue'.

Previous 5 Terms:
General Circulation
General Circulation Model (GCM)
General Circulation Models
General Enrollment Period (Gep)
General Fund Of The Treasury
Next 5 Terms:
General Sales Manager (GSM)
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generalize
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Generally accepted accounting principles (GAAP)




About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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