| − | '''Royalties''' are a form of [[income]] recieved for giving the [[rights]] to another person or entity to use a product or right that the first person owns. So, as an example, selling the rights for a song to be used would produce royalties for the person doing the selling. | + | '''Royalties''' are a form of [[income]] received for giving the [[rights]] to another person or entity to use a product or right that the first person owns. So, as an example, selling the rights for a song to be used would produce royalties for the person doing the selling. |