public finance

  

Definition

Collection of taxes from those who benefit from the provision of public goods by the government, and the use of those tax funds toward production and distribution of the public goods.

Use public finance in a sentence

  • Necessities such as infrastructure, public transportation, public libraries, schools, and health care are all paid for, at least in part, through public finance.

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  • You can try to see if you can get some public finance if your business does a lot of good for the overall community.

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  • I studied public finance and thought it was interesting how it all worked to make society better as a whole.

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