royalty has definitions from the field of business
1
[ noun ] (business) payment to the holder of a patent or copyright or resource for the right to use their property

Examples

"he received royalties on his book"

Used in print

(Handbook of Federal Aids to Communities. U.S. Dep...)

Funds contributed by the Government are repaid by a royalty on production from the property .

A 5 - percent royalty is paid on any production during the period the contract is in_effect ; if the Government certifies that production may be possible from the property , the royalty obligation continues for the 10 - year period usually specified in the contract or until the Government 's contribution is repaid with interest .

A 5 - percent royalty is paid on any production during the period the contract is in_effect ; if the Government certifies that production may be possible from the property , the royalty obligation continues for the 10 - year period usually specified in the contract or until the Government 's contribution is repaid with interest .

The royalty applies to both principal and interest , but it never exceeds 5 percent .

Related terms

payment

2
[ noun ] royal persons collectively

Examples

"the wedding was attended by royalty"

Used in print

(Jay Williams, The Forger....)

Life had included him in its `` Modern American Artists '' series and had photographed him at his studio in the East_Sixties ; the corner of it you could see in the photograph looked as though it ought to have Velasquez in it painting the royalty of Spain .

3
[ noun ] Last name, frequency rank in the U.S. is 12339
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