Pension vs Royalty - What's the difference?
pension | royalty |
A gratuity paid regularly as benefit due to a person in consideration of past services; notably to one retired from service, on account of retirement age, disability or similar cause; especially, a regular stipend paid by a government to retired public officers, disabled soldiers; sometimes passed on to the heirs, or even specifically for them, as to the families of soldiers killed in service.
A stated regular allowance by way of patronage or subsidy, e.g. to meritorious artists, or the like.
Accommodations or the payment for accommodations, especially at a boarding house or small hotel in Europe.
A boarding house or small hotel, as in continental Europe, which offers lodging and certain meals and services.
(dated) A boarding school in France, Belgium, Switzerland, etc.
(archaic) A wage in active service
The rank, status, power or authority of a monarch.
People of royal rank, plus their families, treated as a group.
A royal right or prerogative, such as the exploitation of a natural resource; the granting of such a right; payment received for such a right
The payment received by an owner of real property for exploitation of mineral rights on his property.
(by extension) payment made to a writer, composer, inventor etc for the sale or use of intellectual property, invention etc.
(poker, slang) A king and a queen as a starting hand in Texas hold 'em
As nouns the difference between pension and royalty
is that pension is a gratuity paid regularly as benefit due to a person in consideration of past services; notably to one retired from service, on account of retirement age, disability or similar cause; especially, a regular stipend paid by a government to retired public officers, disabled soldiers; sometimes passed on to the heirs, or even specifically for them, as to the families of soldiers killed in service while royalty is the rank, status, power or authority of a monarch.As a verb pension
is to grant a pension.pension
English
Noun
(en noun)- ''Pensioners depend on their pension to pay the bills
- A pension had somewhat less to offer than a hotel; it was always smaller, and never elegant; it sometimes offered breakfast, and sometimes not (John Irving).
Synonyms
* (regularly paid gratuity) superannuation * (boarding house) hotel, hostel , (informal) bed and breakfast * (payment for accommodations) rentDerived terms
* pensionary * pensioner * pension fund * pensionless * full pensionSynonyms
* (to force to retire) pension offDerived terms
* pensionableroyalty
English
Noun
(royalties)References
* Weisenberg, Michael (2000)The Official Dictionary of Poker. MGI/Mike Caro University. ISBN 978-1880069523 ----