royalty
royalty definition
roy·alty (ro̵i′əl tē)
noun pl. royalties -·ties
- the rank, status, or power of a king or queen; royal position, dignity, etc.; sovereignty
- a royal person or, collectively, royal persons
- Archaic a royal domain or realm; kingdom
- royal quality or character; nobility, magnanimity, etc.
- Archaic a right, privilege, or prerogative of a monarch
- Rare
- a royal right, as over some natural resource, granted by a monarch to a person, corporation, etc.
- payment for such a right
- 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
- such a share paid to one from whom lands rich in oil or minerals are leased
- 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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