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'''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.
'''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.
[[Category: Economics]]
[[Category:Economics]]