Monthly Statement of Account
Type: noun
Pronunciation: /munth-lee-stayt-ment-of-uh-kount/
Also spelled or known as: Monthly Royalty Statement
Related: Royalty Statement, Annual Statement of Account, Royalty Report
What does Monthly Statement of Account mean? A Monthly or month-end report showing royalties, earnings, deductions, and payments.
In music, labels, publishers, distributors, and societies may issue annual statements of account to artists, songwriters, and rightsholders.
Monthly Statement of Account synonyms: Royalty Report, Royalty Statement, Monthly Royalty Report, Monthly Royalty Statement, Monthly Account Statement, Monthly Earnings Report
Example sentence: “The publisher sent the monthly statement of account to the rapper.”
PRE-ORDER RECORDING BUSINESS DICTIONARY