Royalty definition
WebRoyalty Fee means a royalty fee in the amount of $ 0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement. Sample 1 Sample 2 Sample 3 Based on 16 documents Royalty Fee means the royalties and annual fees payable under this Agreement as set out in Appendix 2. WebDec 10, 2024 · Let’s start with the word “royalty.”. When you use a copy of someone else’s art in your own work, you typically pay the artist a usage fee. That fee is called a royalty. Royalties are common across many industries, with the music industry being a good example. Say an artist records a song and a company decides to use that song in a ...
Royalty definition
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WebFeb 11, 2024 · Royalty is nothing but a periodical payment made by the user of the asset to the owner or the creator of such an asset for its use. In other words, the owner/author of … WebJun 21, 2024 · What Is a Royalty? A royalty is a legally binding payment made to an individual or company for the ongoing use of their assets, including copyrighted works, …
WebApr 10, 2024 · A royal right or prerogative, such as the exploitation of a natural resource; the granting of such a right; payment received for such a right. The payment received by an owner of real property for exploitation of mineral rights in the property. (by extension) Payment made to a writer, composer, inventor etc for the sale or use of intellectual ... WebRoyalties are a regular business expense for franchise owners, who must pay a royalty as part of their franchise agreement. Franchisors collect fees from all of the locations …
Webroyalty noun (PEOPLE) [ U ] kings or queens and their families as a group, or the rank or power of these people: They treated her like royalty. royalty noun (PAYMENT) [ C usually … WebMechanical Royalties Mechanical Royalties are generated through physical or digital reproduction and distribution of your copyrighted songs. This applies to all music formats old and new such as vinyl, CD, cassette, digital downloads, and streaming services.
WebThe noun royalty means a group of royals, or kings and their extended families. Queen Elizabeth of England is a member of Britain's royalty, for example. You can also use royalty to describe the payment a writer receives whenever her book is sold, or that a musician gets when his song is played in a grocery store.
Webroy•al•ty (ˈrɔɪ əl ti) n., pl. -ties. 1. royal persons collectively. 2. royal status, dignity, or power; sovereignty. 3. a person of royal lineage; member of a royal family. 4. Usu., royalties. … freeflix hq ad free for firestickWebnoun, plural roy·al·ties. royal persons collectively. royal status, dignity, or power; sovereignty: to be elevated to royalty. a person of royal lineage; member of a royal family. royalties, … free flix apk download firestickWebplural royalties. Synonyms of royalty. 1. a. : royal status or power : sovereignty. b. : a right or perquisite of a sovereign (such as a percentage paid to the crown of gold or silver taken … bloxburg music codesWeb10 definitions of royalty - meanings and example sentences. Payment to the holder of a patent or copyright or resource for the right to use their property. A share of the product or … free flix app downloadWebDefinition. Section 9(i)(vi) of the Act provides for the definition of ‘royalty’. Royalty is considered as deemed to accrue or arise in India if the said income is payable by: the Government; or; a person who is a resident, except where payable for the purposes of a business or profession or source of income of the resident outside India ... bloxburg mountain house interiorWebRoyalty Primary tabs. Royalty is a compensation to the owner of intellectual property or natural resources for the right to use or profit from the property. Often, owners of intellectual property such as music or books contract with companies to sell and distribute their work to others, and they are compensated through royalties. Royalties pay ... bloxburg music codes 2020WebApr 13, 2024 · noun : an interest in and royalty on the oil, gas, or minerals extracted from another's land that is carved out of the producer's working interest and is not tied to production costs compare royalty Dictionary Entries Near overriding royalty override overriding royalty overrule See More Nearby Entries Cite this Entry Style “Overriding royalty.” bloxburg music