| Line 1: |
Line 1: |
| − | '''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.
| + | #REDIRECT [[Royalty]] |
| − | | |
| − | Royalties are common in two areas:
| |
| − | *The entertainment industry (whereby the writers of a song or film receive royalties each time a song or film is played)
| |
| − | *The mineral industry (for example, the owner of a [[mineral estate]] will receive a portion of the sale of any oil and gas produced from a piece of land)
| |
| − | | |
| − | [[Category:Economics]]
| |
| − | [[Category:Real Estate]]
| |
| − | [[Category:Entertainment]]
| |