Difference between revisions of "Royalties"

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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.
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#REDIRECT [[Royalty]]
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Royalties are common in two areas:
 
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*The entertainment industry (whereby the writers of a song or film receive royalties each time a song or film is played)
 
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*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)
 
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[[Category:Economics]]
 
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[[Category:Real Estate]]
 
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[[Category:Entertainment]]
 

Latest revision as of 16:37, April 21, 2020

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