Difference between revisions of "Royalties"
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| − | '''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]] 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. |
[[Category: Economics]] | [[Category: Economics]] | ||