royalties

(redirected from Royalty payments)

Royalty

A fee that one receives in exchange for allowing another party to use and profit from one's property. For example, a publisher who prints and sells a book must compensate the author for use of his/her intellectual property. Usually a royalty is a percentage of the revenue or profit that the other party (in this example, the publisher) makes.

royalties

payments made for the use of an INTELLECTUAL PROPERTY RIGHT (copyrights, patents etc.) or physical property rights (mineral extraction rights etc.).
References in periodicals archive ?
Lekgaba said the royalty payments could only be put on hold until the copyright board has established who the royalty should be paid to.
(CEO Eric Sim) recently announced its big project that presents new capabilities to the global music business such as royalty payments through the introduction of Blockchain technology into TOWB Music's service featuring the world's first blind competition and automatic share algorithm.
Commenting further, Mohamed Azmin said the federal government would settle the royalty payments with Kelantan as soon as all related matters were settled.
One of the world's most ubiquitous audio streaming platforms for podcasts and broadcast radio stations is poised to share all with the federal Copyright Royalty Board as it pertains to royalty payments made in 2018.
One such exception occurs when the royalty payments are not dependent upon the existence of the patent registration, such as when the license agreement expressly contemplates a lower royalty payment in the absence of a registration.
Xoma (XOMA) announced it has agreed to acquire the rights to potential royalty payments and a portion of the potential milestone payments associated with five hematology assets from Aronora.
The semiconductor giant accused the iPhone maker at a Friday court hearing of skipping out on billions of dollars worth of royalty payments, (https://www.reuters.com/article/us-apple-qualcomm/qualcomm-says-apple-7-billion-behind-in-royalty-payments-idUSKCN1N102D) Reuters reported.
The lease requires the company to make advanced royalty payments annually and conduct exploration according to a work commitment schedule.
The group is recommending the imposition of the five percent mineral royalty payments for all mining operations based on market value of gross output.
(SMPC) yesterday said it had remitted to the Department of Energy P1.69 billion in royalty payments for the first half of 2017, which was triple the amount paid in the same period last year.
The $2.69 billion comprises $2.45 billion in cash paid today and a further $240 million of unconditional guaranteed royalty payments. The first royalty payment of $10 million was made today and an additional $100 million will be received by the end of this year.
The agreement provides for royalty payments equal to 5% of net smelter revenues on Fruta del Norte production, payable by Lundin to the government.