Royalty is defined as a person or a group of people related to a monarch, or a share of the proceeds paid to the owner for use of their work or their ownership rights.
(noun)See royalty in Webster's New World College Dictionary
noun pl. royalties
Origin: ME roialte < OFr < ML regalitas < L regalis, regal
See royalty in American Heritage Dictionary 4
noun pl. roy·al·ties
Learn more about royalty
Related Articles