What is Royalty?
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Answer / pooja
A royalty is a stream of payments for use of a certain type
of asset
| Is This Answer Correct ? | 28 Yes | 8 No |
Answer / vidhya
Royalty is a payment made to an other party under which an
agreement has been signed between two parites on a mutal
agreement. The Royalty will be paid on the agreed value.
Even if the agreed value is not achieved then the party has
to pay the amount to the other. If it exceeds then the
amount has to be paid for the actual value.
| Is This Answer Correct ? | 15 Yes | 3 No |
Answer / sudhakar aduri
A payment made in return for being permitted to exercise a
right owned by another person.
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / suresh
royalty is one type of income.
using our product or service by another person and he will
give some money to us ,by using our service .
| Is This Answer Correct ? | 10 Yes | 3 No |
Answer / manoj bassi
when a business gets expansion, then the owner spreads its
operations in the for mof franchisees.....
under the franchise system, one gets the right to use his
name & work as a seprate entity.
So for that, the person has to pay the royality to the
owner for using his name.
| Is This Answer Correct ? | 14 Yes | 9 No |
Answer / stuti
owner of an assets such as mines,patents,copyrights,etc who allow the other party the right to use that asset against some consideration
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / prashanth
royalty is an amount payable for utilizing the benefit of
certain rights vested with some other person
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / raveena
Royalty is a type of income for people who are into for
e.g. singing or writng profession
| Is This Answer Correct ? | 11 Yes | 12 No |
Answer / yadaram sudha
Royalty is an income for the owner for a given right to use
his property for agreed period of time in return paying some
rent by the user of property on the basis monthly quarterly
or yearly
| Is This Answer Correct ? | 3 Yes | 5 No |
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