- royalty
- royalty [roi′əl tē]n.pl. royalties [ME roialte < OFr < ML regalitas < L regalis,REGAL]1. the rank, status, or power of a king or queen; royal position, dignity, etc.; sovereignty2. a royal person or, collectively, royal persons3. Archaic a royal domain or realm; kingdom4. royal quality or character; nobility, magnanimity, etc.5. [usually pl.] Archaic a right, privilege, or prerogative of a monarch6. Rarea) a royal right, as over some natural resource, granted by a monarch to a person, corporation, etc.b) payment for such a right7.a) a share of the proceeds or product paid to the owner of a right, as a patent, for permission to use it or operate under itb) such a share paid to one from whom lands rich in oil or minerals are leasedc) a share of proceeds, usually a specified percentage, paid for the work of an author, composer, etc. by the publisher
English World dictionary. V. Neufeldt. 2014.