Meaning of the word royalty in English

What does royalty mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

royalty

US /ˈrɔɪ.əl.t̬i/
UK /ˈrɔɪ.əl.t̬i/
"royalty" picture

Noun

1.

people of royal blood or status

Example:
The queen and other royalty attended the state dinner.
The event was attended by various European royalty.
2.

a payment made to an author or composer for each copy of a book or piece of music sold, or to an inventor for each article sold under a patent

Example:
The author receives a 10% royalty on every book sold.
The company pays royalties to the patent holder.
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