What is gate money? How to use in English

The term "gate money" originally refers to the fee charged by an event organizer for the use of an entrance gate in a particular venue. This money was collected from spectators or attendees who entered the event through the gate, hence the name "gate money". The term "gate money" dates back to the mid-19th century when various forms of public events and gatherings were becoming increasingly popular. These events, such as sports matches, concerts, and fairs, required a considerable amount of resources to organize and supervise. To cover the costs of these events, the organizers started charging a fee for the use of the main entrance gate. The profit generated from gate money has become an essential source of revenue for event organizers across the globe, as it helps in covering the costs incurred due to the event and earns a profit that helps to fund future ventures. Today, the term "gate money" is mostly used in the context of sports events, where the amount charged for gate money can vary widely depending on the popularity and prestige of the event. The term is also used in the context of other types of events such as cultural festivals, music concerts, and film screenings, where the admission fee charged at the entrance gate is known as gate money.