royalty
pronunciation
How to pronounce royalty in British English: UK [ˈrɔɪəlti]
How to pronounce royalty in American English: US [ˈrɔɪəlti]
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- Noun:
- payment to the holder of a patent or copyright or resource for the right to use their property
- royal persons collectively
Word Origin
- royalty (n.)
- c. 1400, "office or position of a sovereign," also "magnificence," from or modeled on Old French roialte (12c., Modern French royauté), from Vulgar Latin *regalitatem (nominative *regalitas), from Latin regalis (see royal). Sense of "prerogatives or rights granted by a sovereign to an individual or corporation" is from late 15c. From that evolved more general senses, such as "payment to a landowner for use of a mine" (1839), and ultimately "payment to an author, composer, etc." for sale or use of his or her work (1857). Compare realty.
Example
- 1. Got my first royalty check for my book !
- 2. To start , congress should end the terrestrial performance royalty exemption .
- 3. And having accepted and read it , should I send you your royalty payment ?
- 4. The society of authors is advocating a 25 % royalty on net retail receipts model .
- 5. The kings dominion law has nothing to do with royalty .