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Royalty vs Licensing - What's the difference?

royalty | licensing |

As a noun royalty

is the rank, status, power or authority of a monarch.

As a verb licensing is

.

royalty

English

Noun

(royalties)
  • 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

    • References

    * Weisenberg, Michael (2000) The Official Dictionary of Poker. MGI/Mike Caro University. ISBN 978-1880069523 ----

    licensing

    English

    Verb

    (head)

    • Anagrams

    *