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Term of the Day...royalty

Posted on 12 October, 2016 at 12:41
Term of the Day...royalty
payment made for the use of property, especially a patent, copyrighted work, franchise, or natural resource. The amount is usually a percentage of revenues obtained through its use.

Everytime one of his songs is played or used in a movie, he receives aroyalty. Since it's such a famous song, money keeps flowing in.Usage Example

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