What does royalty payment mean?

Definitions for royalty payment
roy·alty pay·ment

This dictionary definitions page includes all the possible meanings, example usage and translations of the word royalty payment.


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Wikipedia

  1. Royalty payment

    A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation. A royalty interest is the right to collect a stream of future royalty payments.A license agreement defines the terms under which a resource or property are licensed by one party to another, either without restriction or subject to a limitation on term, business or geographic territory, type of product, etc. License agreements can be regulated, particularly where a government is the resource owner, or they can be private contracts that follow a general structure. However, certain types of franchise agreements have comparable provisions.

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Numerology

  1. Chaldean Numerology

    The numerical value of royalty payment in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of royalty payment in Pythagorean Numerology is: 3

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"royalty payment." Definitions.net. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.definitions.net/definition/royalty+payment>.

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