royalty - Hutchinson encyclopedia article about royalty Printer Friendly
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royalty

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.04 sec.

royalty

In law, payment to the owner for rights to use or exploit literary or artistic copyrights and patent rights in new inventions of all kinds.

Oil, gas, and other mineral deposits are also subject to royalty payments.

royalty

Status of a person of royal rank, such as a king, queen, reigning prince, or grand duke, or any of their family. The possession of such status in no way decides either the actual or legal political powers which the possessor may have. The powers possessed by people of royal rank have varied from the performance of purely honorary functions (with no powers) to the exercise of absolute autocracy.

Popularly royalty is synonymous with monarchy, and rulers are called monarchs or sovereigns although they may possess no more than a portion of the sovereign power in a state.



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? Mentioned in ? References in classic literature
 
How could one look at Ahab then, seated on that tripod of bones, without bethinking him of the royalty it symbolized?
Though very moderate in my political antipathies and predilections, I confess to some excitement in my own case, declaring that if royalty WAS to be my lot, I would prefer not to ascend any higher on the scale than to become the property of that excellent princess, Amelie, who then presided in the Palais Royal, the daughter and sister of a king, but with as little prospects as desires of becoming a queen in her own person.
The Prince of Saxe Leinitzer kept up still a semblance of royalty in the State which his ancestors had ruled with despotic power.
 
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