royalty

Defined in 7 dictionaries — U.S. Code, Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Kinney (1893), Anderson (1889)

United States Code

30 U.S.C. § 1702 — for the purposes of this chapter

“royalty” means any payment based on the value or volume of production which is due to the United States or an Indian tribe or an Indian allottee on production of oil or gas from the Outer Continental Shelf, Federal, or Indian lands, or any minimum royalty owed to the United States or an Indian tribe or an Indian allottee under any provision of a lease;

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

A payment reserved by the grantor of a patent, lease of a mine or similar right, and payable proportionately to the use made of the right by the grantee. 1 Exch. Div. 310. A payment reserved by the patentee of an article on giving a license, or by the author of a book in contracting for its publication or sale, proportionate to the sales under such license or contract. In Old English Law. Royal prerogatives. RUBRIC (from Lat. ruber, red).

In Scotch law. The title of a statute. So termed because anciently it was written in red letters. Bell, Diet.

Ballentine's Law Dictionary

James A. Ballentine · 1916

Rent based upon the amount of mineral or oil taken from the ground; a sum paid to the patentee for use or manufacture and sale of a patented article. See 125 Fed. 342, 60 C. C. A. (U. S.) 220.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

A payment reserved by the grantor of a patent, mining lease, etc., and payable proportionately to the use made of such right. 1 Ex. Div. 310. See Patent.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

A payment reserved by the grantor of a patent, lease of a mine or simll-ar right, and payable proportionately to the use made of the right by the grantee. See Raynolds v. Hanna (C. C.) 55 Fed. 800; Hubenthal v. Kennedy, 76 Iowa, 707, 39 N. W. 694; Western Union Tel. Co. v. American Bell Tel. Co.., 125 Fed. 342, 60 C. C. A. 220. Royalty also sometimes means a payment which is made to an author or composer by an assignee or licensee in respect of each copy of his work which Is sold, or to an inventor in respect of each article sold under the patent Sweet.

A Law Dictionary and Glossary

George C. Kinney · 1893

A sum paid by the user of a patent for the purposes of manufacture,— commonly so much for each article; a sum paid by a publisher to an author upon sale of the work, proportioned to the extent of the sale, — commonly so much for each copy or volume; the sum due to the lessor of a mine.

A Dictionary of Law

William C. Anderson · 1889

A prerogative or superiority of the king; also, the amount due to the lessor of a mine.* See Mines. In modern usage, a sum- paid by one who uses the patent of another, at a certain rate for each article manufactured; 5 also, the sum paid per volume by a publisher who prints and sells a book which another has composed and copyrighted.