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• Payment for use of an invention, usually a stated percentage of sales.

  University of North Texas - Cite This Source - This Definition
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  Cite Definition for royalty

  American Psychological Association (APA)

  royalty. (n.d.). Glossary of Patent Legal Terms. Retrieved March 21, 2023, from website: http://www.expertglossary.com/definition/royalty.

  Chicago Manual of Style (CMS)

  royalty. research.hsc.unt.edu. Glossary of Patent Legal Terms. University of North Texas. http://www.expertglossary.com/definition/royalty (accessed: March 21, 2023).

  Modern Language Association (MLA)

  "royalty." Glossary of Patent Legal Terms. University of North Texas. 21 March. 2023 http://www.expertglossary.com/definition/royalty.

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