Question

what is royalty income​

Answer 1

Answer:

Royalty income is income received from allowing someone to use your property. Royalty payments for the use of patents, copyrighted works, natural resources, or franchises are most common. ... Royalties are usually legally binding.

Answer 2

$\huge\bold{Answer}$

Royalty income is income received from allowing someone to use your property. Royalty payments for the use of patents, copyrighted works, natural resources, or franchises are most common. ... Royalties are usually legally binding.