royal persons collectively; "the wedding was attended by royalty" payment to the holder of a patent or copyright or resource for the right to use their property; "he received royalties on his book
the payment made by publishers to authors and others on sales made; typically a percentage of the recommended retail price in the home market and of the monies received from export sales These payments are frequently set off against an advance and accounted for at six monthly intervals
A compensation to the author or owner of a copyright paid by the publisher, usually on the percentage of the list price of the book (net price in academic or university press publishing) on each copy sold, but sometimes paid on a percentage of the wholesale price or on the publisher's total receipts No royalty is paid on review copies or on copies sold as remainders A lower rate is paid on reprints, book club editions, and many scholarly works and on copies sold by mail order or exported
{i} sovereignty, royal status or power; kingdom; domain, realm; member of a royal family; percentage of profits paid to an artist for each copy of his work that is sold
In reference to natural resource properties: An amount of money paid to the owner of a resource-bearing property by a mining company in exchange for the right to extract and sell the resource This compensation is usually proportional to the quality and quantity of the resource extracted
A payment made for the use of property, especially a patent, copyrighted work, franchise, or natural resource The amount is usually a percentage of revenues obtained through its use
The portion of the sales revenue paid to an author or composer for each copy of a work sold Also, the payment to an inventor for each item sold under a patent
A regular payment made by the Franchisee owner to the franchise company The amount of the royalty may be a percentage of sales or a fixed recurring fee In addition, royalties are normally paid for the right to use the Franchisor's name
a payment made in return for being permitted to exercise a right owned by another person Most commonly it is allied to the payment made by a publisher or record producer to the author of a book or performer of a piece of music, but it can apply equally to a payment made for producing something by a patented process
Amounts of money paid by a company operating a mining company to the actual owner of the mineral rights The amount may be based on tonnes produced or by a percentage of revenue or profits
Payments made to someone whose invention, idea, or property is used by a commercial company can be referred to as royalties. The royalties enabled the inventor to re-establish himself in business
A contractual arrangement providing a mineral interest giving the owner a right to a fractional share of production or proceeds It does not contain rights and obligations of operating a mineral property, and that is normally free and clear of exploration, developmental, and operating costs, except production taxes
Royalties are payments made to authors and musicians when their work is sold or performed. They usually receive a fixed percentage of the profits from these sales or performances. I lived on about £3,000 a year from the royalties on my book
a duty paid by a manufacturer to the owner of a patent or a copyright at a certain rate for each article manufactured; or, a percentage paid to the owner of an article by one who hires the use of it
a fee paid for the use of someone elses intangible property, such as the use of a trademark, patent or copyright In international business, a royalty is often paid under a licensing agreement for the use of technology, industrial processes or a brand name Payment is usually based on a flat fee or a percentage of sales revenue, sales volume or production volume