<P> 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 . Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such , but there are also other modes and metrics of compensation . A royalty interest is the right to collect a stream of future royalty payments . </P>
<P> 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 . Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such , but there are also other modes and metrics of compensation . A royalty interest is the right to collect a stream of future royalty payments . </P>
what is the meaning of royalty in accounting
what is the meaning of royalty in accounting
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 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