Definition Of royalties

noun

a royal right (now especially over minerals) granted by a sovereign to an individual or corporation.

The unstable government has been reliant on Australian troops, police and economic aid, a situation ruthlessly exploited by Canberra in the dispute over royalties and sovereignty.

a sum of money paid to a patentee for the use of a patent or to an author or composer for each copy of a book sold or for each public performance of a work.

Under the 1909 copyright law and its progeny, a song's composers collect royalties for a ‘public performance’ like the radio broadcast of a CD.

people of royal blood or status.

diplomats, heads of state, and royalty shared tables at the banquet

Example Of royalties