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.
A share of production from a property without bearing the expense of finding or producing the petroleum.
the portion of oil, gas, and minerals retained by the lessor on execution of a leases or their cash value paid by the lessee to the lessor or to one who has acquired possession of the royalty rights, based on a percentage of the gross production from the property free and clear of all costs except taxes.
cash payment or physical payment (in-kind) generally expressed as a percentage of Net Smelter Returns (“NSRâ€), mine production or profits. Financial Terms
An area of coal leased to a colliery by the landowner
is the entitlement to a stated or determinable percentage of the proceeds received from the sale of hydrocarbons calculated as prescribed in applicable legislation or in the agreement reserving the royalty to the owner of the royalty.
Sum paid to a copyright owner for the sale or use of the intellectual property.(FR:Redevance)
Payment by publisher that is an agreed upon percentage of the book's earnings.
A payment made for the right to use the property of another person for gain. This may be an intellectual property, such as a book or an invention. It may also be paid to a landowner, who has granted mineral rights to someone else, on sales of minerals that have been extracted from his land. A royalty is regarded as a wasting asset as copyrights, patents, and mines have limited lives.
A share of the gross money receipts, or the profits due an owner of mineral rights under a contract, for the right to work them.
A compensation to the author or owner of a copyright paid by the publisher, usually on the percentage of the list price of the book (net price in academic or university press publishing) on each copy sold, but sometimes paid on a percentage of the wholesale price or on the publisher's total receipts. No royalty is paid on review copies or on copies sold as remainders. A lower rate is paid on reprints, book club editions, and many scholarly works and on copies sold by mail order or exported.
A share of production or equivalent revenue.
Payment for the right to use intellectual property or natural resources.
Payment made to the owner of a literary or other creation, in exchange for the right to exploit the creation.
a fee paid for the use of someone else’s intangible property, such as the use of a trademark, patent or copyright. In international business, a royalty is often paid under a licensing agreement for the use of technology, industrial processes or a brand name. Payment is usually based on a flat fee or a percentage of sales revenue, sales volume or production volume.
a fee that you pay in order to make use of an intellectual property such as screenplays, books, songs, etc
an agreed portion of the income from a work paid to its author or composer
an agreed return paid for the oil, gas, and minerals, or either of them, reduced to possession and taken from the leased premises
a payment for the right to use a copyright on a book, periodical, articles, etc
a payment, lease or similar right, while a residual payment is often made on properties that have not been patented or are not patentable
a payment made to an artist for the use of a song copyright
a payment made to an owner of intellectual property for the privilege of practicing a right under a patent, copyright, or discovery
a payment made to a patent holder for the use of a patented product (trademarked good) by another party
a payment made to the legal owner (i
a payment made to the owner of a patent by a non-owner in exchange for rights to make, use or sell the claimed invention
a payment relating to the use of a valuable right, including trademarks, trade names or copyrights
a payment to the holder of a copyright or patent for the right to use the copyright or patent
a payment, usually a fixed percentage per unit sold, to an intellectual property owner established by contract or other agreement
a percentage of the sales from a product
a percentage of what you make
a percentage or fee paid on the proceeds of sale or exploitation of some work by a business, who has acquired the right from the creator to exploit their work
a share of production in a mine
a share of the product or of the proceeds therefrom reserved by an owner for permitting another to exploit and use his or her property, (i
a share of the product or proceeds therefrom, reserved to the owner for permitting another to use the property
a sum paid to the creator of performance art for the use of that art
Amounts of money paid by a company operating a mining property to the actual owner of the mineral rights. The amount may be based on so much per tonne produced or by a percentage of revenue or profits.
a share of income, in accordance with the terms of a license agreement, paid by a licensor for the right to make, use or sell an invention.
The fee charged by a rightsholder for the use of his, her or its copyrighted work. When a license is granted through Copyright Clearance Center, it is the rightsholder (or in certain cases, a group of rightsholders), and not Copyright Clearance Center, that sets the royalty fee.
A royalty refers to a percentage of gross sales that you pay to the franchisor monthly.
A sum paid to an individual or group in exchange for using their name or likeness in marketing.
The percentage of the retail cost of a book that is paid to the author for each copy sold after the author’s advance has been recouped.
A share of the product or profit reserved by the owner for permitting another to use the property. A lease by which the owner or lessor grants to the lessee the privilege of mining and operating the land in consideration of the payment of a certain stipulated royalty on the mineral produced.
Payment to a book's author that is usually a percentage of sales revenue.
An area of land determined by the lease or a percentage payment demanded by the owner for the weight of mineral sold.
The glamorous heads of large publishing houses, also known as GLITERATI.
A prescribed fee for forest produce payable to the owner of the forest.
A hypothetical royalty fee used as a measure of damages to compensate for the infringement of a patent. It is the statutory minimum amount of recovery for compensatory damages for patent infringement.
An interest in a property that entitles the mineral rights owner to a share of the value of the oil and/or natural gas produced on the property free of production costs.
A payment made to the owner (licensor) of an authored work or invention for the sale of each article sold under copyright or patent.
Agreed percentage paid by the publisher to the cartoonist for each copy of his work.
An ongoing payment made by franchisee to franchisor, usually a percentage of gross sales, made throughout the term of the franchise agreement.
A percentage interest in the value of production from a lease that is retained and paid to the mineral.
money paid to a property owner for extraction of some valuable resource from the land.
compensation paid to owners for extraction of oil, minerals or other valuable resources from their land
A payment received for the right to exploit a taxpayer's ownership of natural resources or a taxpayer's literary, musical, or artistic creation.
A share of the revenue from the sale of oil, gas or other natural resources paid to a landowner or grantor of a lease or license.
The owner’s share of production or revenues retained by government or freehold mineral rights holders. The royalty is usually based on a percentage of the total production and the rate may vary according to the selling price.
The portion of production or revenue remunerated to the owner of the mineral rights as compensation for leasing those mineral rights.
Compensation for the use of a person's property based on an agreed percentage of the income arising from its use.
Payment to the holder of a patent or copyright or resource for the right to use their property
Compensation paid to copyright holder for the right to use copyrighted material.
An amount of money paid at regular intervals by the lessee or operator of an exploration or mining property to the owner of the ground. Generally based on a certain amount per ton or a percentage of the total production or profits. Also, the fee paid for the right to use a patented process.
A flat fee or percentage of gross sales paid to a franchisor.
Payment incorporated in the good or service's price which is paid to the owner of an asset (good or service) as compensation for its use.
Payment to an author of a percentage of the cover price of each book sold. Sensible contracts specify that the percentage rises with the total number sold, reflecting the fact that the first book off the press may cost the publisher £10,000 not including the author's advance; the second £1; and the 10,000th costs 60p because printing in bulk is cheaper. Royalties are also a sensible method of payment for online publication, where the second and subsequent copies sold essentially cost no more than the credit card transaction fee. See advice for book authors.
the payment of a percentage of sales as compensation to product developers, patent licensors, or even investors.
a payment made in return for being permitted to exercise a right owned by another person. Most commonly it is allied to the payment made by a publisher or record producer to the author of a book or performer of a piece of music, but it can apply equally to a payment made for producing something by a patented process.
the payment made by publishers to authors and others on sales made; typically a percentage of the recommended retail price in the home market and of the monies received from export sales. These payments are frequently set off against an advance and accounted for at six monthly intervals.
A share of the minerals produced from a lease; a percentage of production either in money or in kind which a lessee is required to pay.
A sum paid to copyright owners for the sale or use of their works or other subject-matter.
The owner's share of the value of minerals (oil and gas) produced on the property.
An interest in an oil and natural gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage, or of the proceeds of the sale thereof, but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage. Royalties may be either landowner's royalties, which are reserved by the owner of the leased acreage at the time the lease is granted, or overriding royalties, which are usually reserved by an owner of the leasehold in connection with a transfer to a subsequent owner.
The landowner’s or mineral owners share of production, free of expenses of production.
A small percentage of the whole sale or retail price of a record, tape or sheet of music paid to an artiste, writer or producer on each copy sold.
A payment to a landowner or mineral rights owner by a leaseholder.
A payment made by a licensee as compensation for the use of a patented invention, for example a percentage of gross sales of a patented product or process, or a fixed sum paid each time a patented product or process is used.
Sum paid per unit mailed or sold for the use of a list, an imprimatur, a patent or the like.
The owner's share of production or revenues retained by government or freehold mineral rights holders. In natural gas operations, the royalty is usually based on a percentage of the total production.
The portion of the sales revenue paid to an author or composer for each copy of a work sold. Also, the payment to an inventor for each item sold under a patent .
An incorporated sum paid to an asset’s owner as compensation for the asset’s use.
A payment to an owner for the use of property, especially patents, copyrighted works, franchises, or natural resources.
A percentage of a book's gross or net sales paid to the author as specified in the author/publisher agreement.
Money paid for the use of property to its owner, often for extraction of a valuable resource. Payment is usually based on a percentage of income generated by use of the property.