royalty

Meanings

Plural: royalties

Noun

• payment to the holder of a patent or copyright or resource for the right to use their property
• royal persons collectively
  • "the wedding was attended by royalty"
• The rank, status, power or authority of a monarch.
• People of royal rank, plus their families, treated as a group.
• 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.
• Payment made to a writer, composer, inventor etc for the sale or use of intellectual property, invention etc.
• To make more money from a book than it cost to run an advertising campaign for it; to make enough in royalties to cover the advance a book received.
• Someone in a privileged position.
• A king and a queen as a starting hand in Texas hold 'em.
• The bounds of a royal burgh.

Synonyms

royal family, royal house, royal line