REVENUE LAND Meaning and
Definition
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Revenue land refers to a type of property or land that is designated for generating income or revenue through various means. This term is commonly used in the real estate industry and is typically associated with commercial or industrial purposes rather than residential use.
Revenue land is generally owned by governments or local authorities and is leased or rented out to individuals or businesses for specific purposes. The income generated from the land is considered as revenue for the government or the owner. The land may be leased for various purposes such as agriculture, manufacturing, commercial activities, or the extraction of natural resources like oil, gas, or minerals.
The concept of revenue land revolves around the idea of utilizing the property to generate ongoing income instead of selling it outright. This allows the government or authorities to maintain ownership and control over the land while benefiting from the recurring revenue generated from its use. Additionally, revenue land can contribute to economic development and growth by attracting businesses and investment.
In summary, revenue land refers to property or land that is owned by governments or local authorities and is leased or rented out to individuals or businesses for the purpose of generating income or revenue.
Common Misspellings for REVENUE LAND
- eevenue land
- devenue land
- fevenue land
- tevenue land
- 5evenue land
- 4evenue land
- rwvenue land
- rsvenue land
- rdvenue land
- rrvenue land
- r4venue land
- r3venue land
- recenue land
- rebenue land
- regenue land
- refenue land
- revwnue land
- revsnue land
- revdnue land
- revrnue land
Etymology of REVENUE LAND
The term "revenue land" does not have a specific etymology as it is a combination of two separate words: "revenue" and "land".
The word "revenue" comes from the Anglo-French word "revenue" which means "income, profit". It was derived from the Old French verb "revenir" meaning "to come back" or "to return". In the medieval period, it was used specifically to refer to the income or profits generated by an estate or property.
The word "land" comes from the Old English word "land" which means "earth" or "ground". Its origin can be traced back to the Proto-Germanic word "*landą", which refers to a specific area of the Earth's surface, especially when used for farming or habitation.
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