Definition, Meaning & Synonyms

royalty-check

noun
ˈrɔɪəlti ˌtʃɛk
Definition
A payment made to an individual or entity for the use of their intellectual property, such as music, books, or patents.
Examples
  • After the book’s successful release, the author received a handsome royalty check.
  • Musicians often rely on royalty checks for a substantial portion of their income.
  • The inventor eagerly awaited his first royalty check from the patented gadget.
Meaning
Royalty checks are typically issued based on sales or profits generated from creative works or inventions, compensating the creators for their contributions.
Synonyms
  • licensing payment
  • compensation
  • payment for rights