(US, economics) Money provided by the government to school districts that have lost property tax revenue due to the presence of tax-exempt Federal property, or have experienced increased expenditure due to the enrollment of federally connected children, including children living on Native American lands.
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
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