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Royalties - Law Dictionary Search Results

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Royalty

Royalty, a payment reserved by the grantor of a patent, lease of a mine or similar right, and payable proportionately to the use made of the right by the grantee. It is usually a payment of...

Royalties

Matched in: Term Royalties

royalty

royalty pl: -ties 1 : a right delegated (as to an individual or corporation) by a sovereign 2 a : a share of the profit or product reserved by the grantor esp. of an oil or...

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Royalty

The state of being royal the condition or quality of a royal person kingship kingly office sovereignty

Realty

Royalty

overriding royalty

overriding royalty : an interest in and royalty on the oil, gas, or minerals extracted from another's land that is carved out of the producer's working interest and is not tied to production costs compare royalty

Royalty on mineral rights

Royalty on mineral rights, cess on royalty cannot be sustained under Entry 49 of List II as being a tax on land. Royalty on mineral rights is not a tax on land but a payment for...

Dead rent and royalty

Dead rent and royalty, 'dead rent' is calculated on the basis of the, area leased while 'royalty' is calculated on the quantity of minerals extracted or removed. Thus, while dead rent is a fixed return to...

Seigniorage

Seigniorage, a royalty or prerogative of the Crown, whereby an allowance of gold and silver, brought in the mass to be exchanged for coin, is claimed.Seigniorage, has two distinct meanings (i) profit made by a Government...

Regalia

That which belongs to royalty Specifically a The rights and prerogatives of a king b Royal estates and revenues c Ensings symbols or paraphernalia of royalty

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