Royalty meaning

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.

The power, status, or authority of a monarch.

A kingdom or possession ruled by a monarch.

(archaic) A royal domain or realm; kingdom.

A right or prerogative of the crown, as that of receiving a percentage of the proceeds from mines in the royal domain.

The rank, status, or power of a king or queen; royal position, dignity, etc.; sovereignty.

A royal person or, collectively, royal persons.

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.

Royal quality or bearing.

A share of the profit or product reserved by the grantor, especially of an oil or mining lease.

Royal quality or character; nobility, magnanimity, etc.

(archaic) A right, privilege, or prerogative of a monarch.

A payment made to the creator of an intellectual property (author, inventor, and so on) for each copy of the property that is sold.

A share of the profit derived from real property that is reserved for the owner in exchange for granting a lessee, who is going to mine or drill the mineral rights on that land.

The payment received by an owner of real property for exploitation of mineral rights on his property.

The lineage or rank of a monarch.