royalty

Universal Words noun (plural royalties) 1 [U] one or more members of a royal family: The gala evening was attended by royalty and politicians. * We were treated like royalty. * Hollywood royalty (= very famous film / movie stars) 2 [C,usually pl.] a sum of money that is paid to sb who has written a book, piece of music, etc. each time that it is sold or performed: All royalties from the record will go to Aids charities. * She received ｣2000 in royalties. * a royalty cheque / payment 3 [C,usually pl.] a sum of money that is paid by an oil or MINING company to the owner of the land that they are working on