royalty Meaning, Definition & Usage
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noun payment to the holder of a patent or copyright or resource for the right to use their property
- he received royalties on his book
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noun royal persons collectively
royal family; royal line; royal house.
- the wedding was attended by royalty
WordNet
Roy"al*ty noun
Etymology
OF.Wordforms
Definitions
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The state of being royal; the condition or quality of a royal person; kingship; kingly office; sovereignty. Royalty by birth was the sweetest way of majesty. Holyday.
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The person of a king or sovereign; majesty; as, in the presence of .royalty For thus his royalty doth speak. Shak.
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An emblem of royalty; -- usually in the plural, meaning regalia. Obs.Wherefore do I assume These royalties, and not refuse to reign? Milton.
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Kingliness; spirit of regal authority. In his royalty of nature Reigns that which would be fear'd. Shak.
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Domain; province; sphere. Sir W. Scott. -
That which is due to a sovereign, as a seigniorage on gold and silver coined at the mint, metals taken from mines, etc.; the tax exacted in lieu of such share; imperiality. -
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.