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Meaning Of Royalty
n.
The state of being royal; the condition or quality of a
royal person; kingship; kingly office; sovereignty.
n.
The person of a king or sovereign; majesty; as, in the
presence of royalty.
n.
An emblem of royalty; -- usually in the plural, meaning
regalia.
n.
Kingliness; spirit of regal authority.
n.
Domain; province; sphere.
n.
That which is due to a sovereign, as a seigniorage on gold
and silver coined at the mint, metals taken from mines, etc.; the tax
exacted in lieu of such share; imperiality.
n.
A share of the product or profit (as of a mine, forest,
etc.), reserved by the owner for permitting another to use the
property.
n.
Hence (Com.), a duty paid by a manufacturer to the owner
of a patent or a copyright at a certain rate for each article
manufactured; or, a percentage paid to the owner of an article by one
who hires the use of it.