Definition of royalty noun from the Oxford Advanced American Dictionary

     

    royalty

     noun
    noun
    NAmE//ˈrɔɪəlti//
     
    (pl. royalties)
     
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  1. 1 [uncountable] one or more members of a royal family The gala evening was attended by royalty and politicians. We were treated like royalty. Hollywood royalty (= very famous movie stars)
  2. 2 [countable, usually plural] a sum of money that is paid to someone who has written a book, piece of music, etc. each time that it is sold or performed All royalties from the album will go to charity. She received $2,000 in royalties. a royalty payment
  3. 3[countable, usually plural] a sum of money that is paid by an oil or mining company to the owner of the land that they are working on
See the Oxford Advanced Learner's Dictionary entry: royalty