Royalty meaning

What does “royalty” mean? Definitions, examples, synonyms and opposites.

“royalty” is a noun with 2 meanings. Its most common meaning is: payment to the holder of a patent or copyright or resource for the right to use their property.

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”

Source: WordNet 3.1, Princeton University