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royalty

roy·al·ty

royalty

 
pronunciation:
roI l ti
part of speech: noun
inflections: royalties
definition 1: a member of a royal family; royal persons as a group.
In that country, the royalty live in palaces.
definition 2: the power or position of a royal person.
Royalty entitled him to special privileges.
similar words:
crown, majesty
definition 3: a share of money paid to authors or composers from the sale or performance of their work, or a share paid to inventors for the use of their work.