Dictionary

royalty

noun roy·al·ty \ˈri(-ə)l-tē\

: members of a royal family

: an amount of money that is paid to the original creator of a product, book, or piece of music based on how many copies have been sold

: an amount of money that is paid by a mining or oil company to the owner of the land the company is using

plural roy·al·ties

Full Definition of ROYALTY

1
a :  royal status or power :  sovereignty
b :  a right or perquisite of a sovereign (as a percentage paid to the crown of gold or silver taken from mines)
2
:  regal character or bearing :  nobility
3
a :  persons of royal lineage
b :  a person of royal rank <how to address royalties — George Santayana>
c :  an elite class
4
:  a right of jurisdiction granted to an individual or corporation by a sovereign
5
a :  a share of the product or profit reserved by the grantor especially of an oil or mining lease
b :  a payment to an author or composer for each copy of a work sold or to an inventor for each item sold under a patent
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Origin of ROYALTY

Middle English roialte, from Anglo-French realté, roialté, from real
First Known Use: 14th century
ROYALTY Defined for Kids

royalty

noun roy·al·ty \ˈri-əl-tē\
plural roy·al·ties

Definition of ROYALTY for Kids

1
:  the status or power of a king or queen or his or her family
2
:  members of the royal family of a king or queen
3
:  a share of a product or profit (as of a mine) claimed by the owner for allowing another to use the property
4
:  payment made to the owner of a patent or copyright for the use of it

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