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royalty definition

roy·alty (ro̵iəl tē)

noun pl. royalties -·ties

  1. the rank, status, or power of a king or queen; royal position, dignity, etc.; sovereignty
  2. a royal person or, collectively, royal persons
  3. Archaic a royal domain or realm; kingdom
  4. royal quality or character; nobility, magnanimity, etc.
  5. Archaic a right, privilege, or prerogative of a monarch
  6. Rare
    1. a royal right, as over some natural resource, granted by a monarch to a person, corporation, etc.
    2. payment for such a right
    1. a share of the proceeds or product paid to the owner of a right, as a patent, for permission to use it or operate under it
    2. such a share paid to one from whom lands rich in oil or minerals are leased
    3. a share of proceeds, usually a specified percentage, paid for the work of an author, composer, etc. by the publisher

Etymology: ME roialte < OFr < ML regalitas < L regalis, regal

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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