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- DictionaryRoy·al·ty/ˈroi(ə)ltē/
noun
- 1. people of royal blood or status: "diplomats, heads of state, and royalty shared tables at the banquet"
- 2. a sum of money paid to a patentee for the use of a patent or to an author or composer for each copy of a book sold or for each public performance of a work: "the royalties paid to writers for recorded music"
Jul 22, 2024 · A royalty is a payment made to an individual or company for the ongoing use of their property, including copyrighted works, franchises, and natural...
The meaning of ROYALTY is royal status or power : sovereignty. How to use royalty in a sentence.
ROYALTY meaning: 1. the people who belong to the family of a king and queen: 2. a payment made to writers, people…. Learn more.
A royalty is a fee paid to a product or patent owner by a third party for its use. A licensing agreement specifies the terms of royalty payments and can provide consistent income streams that are less risky than traditional securities.
Jan 20, 2023 · Royalties are payments of various types to owners of property for use of that property over a specific period of time. Learn the types of royalties and how they work.
Jun 7, 2024 · Royalties are a type of ordinary income generated from copyrights, patents, and oil and gas properties. A company may pay you for the right to use your work over a specified period of time. Royalties are usually based on the number of units sold (books, tickets to a concert, etc.).
ROYALTY definition: 1. the people who belong to the family of a king and queen: 2. a payment made to writers, people…. Learn more.