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Lv 6
? asked in Business & FinanceInvesting · 11 months ago

What does royalty mean financially ?

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  • 11 months ago
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    It means that you get a piece of every sale.  For example, you become famous and your face and name have value.  Companies manufacture lunch boxes, dolls, toys, etc. in your image.  You will get a royalty - some money from each sale, because it is credited to your fame and what you did to get there.

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