What's the difference between exchequer and revenue?

Exchequer


Definition:

  • (n.) One of the superior courts of law; -- so called from a checkered cloth, which covers, or formerly covered, the table.
  • (n.) The department of state having charge of the collection and management of the royal revenue. [Eng.] Hence, the treasury; and, colloquially, pecuniary possessions in general; as, the company's exchequer is low.
  • (v. t.) To institute a process against (any one) in the Court of Exchequer.

Example Sentences:

  • (1) The problem is that these revenues have been siphoned off to the London exchequer."
  • (2) Because pension incomes are taxable, and pensioners would have more to spend – generating indirect taxation – and the number of people on social security would be lower, the Exchequer would benefit by between £1.7bn and £3bn.
  • (3) It would make no difference if you were the chancellor of the exchequer handling an existential economic crisis.
  • (4) The exchequer will receive an extra £630m from the £2.5bn-a-year bank levy in 2011-12 and a further £590m by 2015-16.
  • (5) Public borrowing this year is projected to be £111bn, 7% of national income, and interest payments on the national debt will be a drain on the exchequer for years to come.
  • (6) In addition to outlining to ministers the list of parliamentary bills, George Osborne, the chancellor of the exchequer, also gave the cabinet an economic update, while the prime minister and home secretary outlined their determination to cut net migration to the tens of thousands.
  • (7) Whatever has happened to the chancellor of the exchequer?” he asked.
  • (8) In June the chancellor of the exchequer, George Osborne, announced that the 1% cap on pay rises would be extended for another four years at time when wages have begun to rise in real terms in other parts of the economy.
  • (9) Over 70p of every pound spent on tobacco goes to the Chancellor of the Exchequer, yielding over 5 billion pounds.
  • (10) In the Sunday Telegraph, David Cameron said: "What I want is tax revenue from the banks into the exchequer, so we can help rebuild this economy."
  • (11) The chancellor of the exchequer, George Osborne, who unveiled Help to Buy in 2013's budget , welcomed the Bank's moves to cool the housing market.
  • (12) Umunna argued that the sum paid directly in corporation tax to the exchequer is the best reflection of a bank's contribution to the country.
  • (13) "The SNP is selective about when money has flowed into the exchequer.
  • (14) The select committee said it was told by Sir Simon Jenkins "that he could remember very well a certain chancellor of the exchequer, who shall be nameless, inquiring as to what his memoirs might be worth and the answer was: 'A quarter of a million tomorrow, £100,000 next week, £10,000 two months from now.
  • (15) The Office for National Statistics (ONS) said that, excluding the cost of interventions to support the financial sector, public sector net borrowing (PSNB) – the gap between the exchequer's tax take and its spending – stood at £163.4bn for the financial year just ended.
  • (16) "I contribute tens of millions of pounds [to the exchequer].
  • (17) In 2010 the Labour administration introduced a new top rate of 50% on income over £150,000, but the current chancellor of the exchequer, George Osborne, cut the rate to 45% in the 2012 budget.
  • (18) The plan, overseen by the Tory exchequer secretary, David Gauke, has provoked a backlash from privacy campaigners and tax professionals.
  • (19) ACC: I went straight into the civil service, into the exchequer and audit department, and came to London and worked first in Whitehall, at the old Board of Education, and then went to the Post Office, and then the war began and we were evacuated.
  • (20) Writing on the Guardian's website, shadow exchequer minister Owen Smith was sceptical, saying the anti-avoidance measures would be "a toothless tiger".

Revenue


Definition:

  • (n.) That which returns, or comes back, from an investment; the annual rents, profits, interest, or issues of any species of property, real or personal; income.
  • (n.) Hence, return; reward; as, a revenue of praise.
  • (n.) The annual yield of taxes, excise, customs, duties, rents, etc., which a nation, state, or municipality collects and receives into the treasury for public use.

Example Sentences:

  • (1) But not only did it post a larger loss than expected, Amazon also projected 7% to 18% revenue growth over the busiest shopping period of the year, a far cry from the 20%-plus pace that had convinced investors to overlook its persistent lack of profit in the past.
  • (2) But that gross margin only includes the cost of paying drivers as a cost of revenue, classifying everything else, such as operations, R&D, and sales and marketing, as “operating expenses”.
  • (3) It's the roughly $2bn in revenue grossed by his blockbuster movies, some of which he had to be talked into making.
  • (4) With Everton heading for a sixth-placed finish in the Premier League, the additional television revenue and prospect of further funds from Fellaini, the club are confident of appointing an "equally significant" successor to Moyes, according to the chairman, Bill Kenwright.
  • (5) Ian Read, Pfizer's Scottish-born chief executive, said the tax structure would protect AstraZeneca's revenues from the 38% rate of corporation tax in the US.
  • (6) DMGT's digital division, Associated Northcliffe Digital, reported that revenues rose 5% to £41m.
  • (7) Revenue from tobacco duty in 2011-12 was £9.55bn, up from £8.09bn in 2007-08.
  • (8) Pfizer kept up its efforts to get AstraZeneca to the negotiating table over its £63bn approach as it reported revenue well below Wall Street expectations, underscoring its interest in pursuing its UK rival to promote new business growth.
  • (9) The involvement of one of South Korea’s most powerful men has rocked the country’s business world, as it signalled that prosecutors were prepared to use the full force of the law against the head of a company whose revenues are equivalent to a fifth of the country’s GDP.
  • (10) A 20% discount will save the average first-time buyer £43,000 on a £218,000 home (the average cost paid by such buyers), which would leave a revenue shortfall of £8bn from income if current regulatory obligations had been retained on the 200,000 homes.
  • (11) The bank also warned it was not generating as much revenue as it expected from its corporate and institutional banking arm, the new name for its slimmed down investment banking operations.
  • (12) In June it warned that some revenues from 31 of about 200 social housing contracts had been deferred hitting the amount of cash coming into the business.
  • (13) Revenues at the digital media division, which includes bbc.com, increased by 9% to £30m.
  • (14) Golding said the government would not soften its stance on drug trafficking and it intended to use a proportion of revenues from its licensing authority to support a public education campaign to discourage pot-smoking by young people and mitigate public health consequences.
  • (15) States are meant to swim alone on this … We’re already doing extraordinary things to deal with the burgeoning demands on our hospitals.” Turnbull reiterated an earlier call for the states and territories to look at increasing some of their own revenue measures to make up for funding shortfalls.
  • (16) The PR operation grew revenues by 3.7% to account for 9% of total revenue and 11% of profit.
  • (17) If Spotify is so bad for the music business, why are revenues for the recorded music business in Sweden up 30% (first half of the 2011 vs. the same time period in 2012), when in most other countries, it's down or flat?
  • (18) The pharmacy business has more than 770 branches in the UK with 7,000 staff, and last year generated revenues of £760m and profits of £33m.
  • (19) In terms of revenue, well, we think we are already raising a very high percentage, a high percentage of GDP as tax.
  • (20) Despite its 25% stake, BP said it would be wrong to assume that it would obtain a quarter of the expected $100bn worth of revenues.