Royalties

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Royalties are usage-based payments made by one party (the "licensee") to another (the "licensor") for ongoing use of an asset, sometimes an intellectual property (IP) right. Royalties are typically a percentage of gross or net sales derived from use of an asset or a fixed price per unit sold of an item. But there are also other modes and metrics of compensation. A royalty interest is the right to collect a stream of future royalty payments, often used in the oil industry and music industry to describe a percentage ownership of future production or revenues from a given leasehold, which may be divested from the original owner of the asset.

Pagina's: 92, Paperback, Betascript Publishers