dselly174 dselly174
  • 17-12-2019
  • Mathematics
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what does it mean to get paid royalty

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isisweaver
isisweaver isisweaver
  • 17-12-2019

Answer:

A royalty is a payment made by one party (the licensee or franchisee) to another that owns a particular asset (the licensor or franchisor), for the right to ongoing use of that asset. ... A royalty interest is the right to collect a stream of future royalty payments.

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