Definition of Royalty
Royalty
Roy·al·ty
Definition/Meaning
(noun)
People of royal blood or those receiving payment for creative work.
e.g. The royalty from her book sales allowed her to live comfortably.
(noun)
the power held by a royal head, the status of king or queen;
e.g. She was granted royalty after her father, the king, passed away.
(noun)
the elite members of a particular group or sphere, the people who are the most famous, successful, or highly-regarded;
e.g. The band is now considered to be music royalty due to their success and popularity.
(noun)
an amount of money that is paid to a creator, such as an artist, author, composer, or patent holder, for each performance given, publication sold, or general usage;
e.g. They plan to collect royalty for allowing their invention to be used by others.
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