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Royalty - Dictionary Definition and Overview |
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Royalty : (noun)
1: payment to the holder of a patent or copyright or resource
for the right to use their property; "he received
royalties on his book"
2: royal persons collectively; "the wedding was attended by
royalty" [syn: royal family, royal line, royal house]
Based on WordNet 2.0
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Royalty : \Roy"al*ty\, n.; pl. Royalties. [OF. roialt['e],
royault['e], F. royaut['e]. See Royal, and cf. Regality.]
1. 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.
2. The person of a king or sovereign; majesty; as, in the
presence of royalty.
For thus his royalty doth speak. --Shak.
3. An emblem of royalty; -- usually in the plural, meaning
regalia. [Obs.]
Wherefore do I assume These royalties, and not
refuse to reign? --Milton.
4. Kingliness; spirit of regal authority.
In his royalty of nature Reigns that which would be
fear'd. --Shak.
5. Domain; province; sphere. --Sir W. Scott.
6. 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.
7. A share of the product or profit (as of a mine, forest,
etc.), reserved by the owner for permitting another to use
the property.
8. 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.
Based on WordNet (r) 2.0 (August 2003)
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