Royalty Definition

roiəl-tē
royalties
noun
royalties
The rank, status, or power of a king or queen; royal position, dignity, etc.; sovereignty.
Webster's New World
A royal person or, collectively, royal persons.
Webster's New World
Monarchs and their families considered as a group.
American Heritage
The lineage or rank of a monarch.
American Heritage
A royal domain or realm; kingdom.
Webster's New World
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other
A payment made for the right to use an asset, invention, or creation calcu-lated as a percentage of the sale price. For example, the holder of a valuable natural resource may receive a royalty from a company that extracts the resource; the amount of the royalty payment depends on the amount of the resource that the company is able to extract. An author may receive a royalty each time one of his or her books sells.
Webster's New World Finance

Other Word Forms of Royalty

Noun

Singular:
royalty
Plural:
royalties

Origin of Royalty

  • From Old French roialté.

    From Wiktionary

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