royalty - Meaning and Examples

Meaning of 'royalty' (Webster Dictionary)

1 . Royalty

[ n.]

- The state of being royal; the condition or quality of a royal person; kingship; kingly office; sovereignty.
- The person of a king or sovereign; majesty; as, in the presence of royalty.
- An emblem of royalty; -- usually in the plural, meaning regalia.
- Kingliness; spirit of regal authority.
- Domain; province; sphere.
- That which is due to a sovereign, as a seigniorage on gold and silver coined at the mint, metals taken from mines, etc.; the tax exacted in lieu of such share; imperiality.
- A share of the product or profit (as of a mine, forest, etc.), reserved by the owner for permitting another to use the property.
- Hence (Com.), a duty paid by a manufacturer to the owner of a patent or a copyright at a certain rate for each article manufactured; or, a percentage paid to the owner of an article by one who hires the use of it.

Meaning of 'royalty' (Princeton's WordNet)

1 . royalty

[ n]

Meaning (1):
- payment to the holder of a patent or copyright or resource for the right to use their property

Example in sentence:

he received royalties on his book

Meaning (2):
- royal persons collectively

Example in sentence:

the wedding was attended by royalty

Nearby Words:

roy royal royalet royalism royalist royalization royalize royally royalties royne

See 'royalty' also in:

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Royalty fees
Royalty fees are similar compensation for the use of intellectual property belonging to some other party. Royalties fees, however, are usually a stated percentage ...

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