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ROYALTY (0. Fr. realte, reialte, roya...

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Originally appearing in Volume V23, Page 794 of the 1911 Encyclopedia Britannica.
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ROYALTY (0. Fr. realte, reialte, royaulte, from Med. See also:Lat. regalitas, the substantive of regalis, of or belonging to a See also:king, rex)  , kingly See also:state or See also:personality, hence a royal See also:person, or number of persons of royal See also:birth collectively, a member of a royal See also:family . More particularly " See also:royalty " is used of the rights and attributes of a See also:sovereign, and especially of dues paid to the See also:crown, which belong to the sovereign jure coronae, such as dues from See also:gold and See also:silver mines, waifs, estrays, &c . The See also:term is usually applied to the See also:payment made by a publisher to an author on every copy of his See also:book sold; to the payment made to a patentee on each See also:article manufactured under his patent by a licensee (see See also:PATENTS), and to the payment made to the owner of minerals for the right of working, paid on the ton or other See also:weight raised .

End of Article: ROYALTY (0. Fr. realte, reialte, royaulte, from Med. Lat. regalitas, the substantive of regalis, of or belonging to a king, rex)
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