1. Payment to the holder of a patent, 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";
   - royal family, royal line, royal house
    
3. The rank, status, power or authority of a monarch
   "The crown prince was prepared from birth for the responsibilities of royalty"
    
4. A royal right or prerogative, such as the exploitation of a natural resource; the granting of or payment for such a right
   "The company paid royalties to the government for the right to extract oil"

Derived forms: royalties

Type of: house, payment

Encyclopedia: Royalty, Texas