Accountancy, asked by gulzar77737, 11 months ago

what is means by royalty? ​

Answers

Answered by pallavi9716
1

Royalty means

  1. member of a royal family
  2. an amount of money that is paid to the person who wrote a book, piece of music ,etc. every time his/ her work is sold or performed

Answered by adithyakrishnan6137
2

Answer:

Royalty is an amount paid by a third party to an owner of a product or patent for the use of that product or patent.

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