Royalty

A payment made for the use of Property, especially a patent, copyrighted work, franchise, or natural resource. The amount is usually a percentage of revenues obtained through ITS use.

Related Terms: 5 ECI, FRA, ITS, Property, Right

Other Related Pages: Category: Accounting Starting With: R

Additional Related Terms: 10-K, Allowance for depreciation, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, All-risks coverage, At risk