Words / R / Business

redistribution

noun/ˌriːdɪstrɪˈbjuːʃn/

B1CEFR level
30/100Rarity: fairly common
TechnicalRegister

The reallocation of income or wealth, typically through taxes and transfers.

The budget leaned heavily on redistribution, funding welfare through a wealth tax.

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Economics