Reciprocal Agreements
Type: noun
Pronunciation: /ri-sip-ruh-kuhl-uh-gree-ments/
Also spelled or known as: Reciprocal Representation Agreements
Singular: Reciprocal Agreement
Related: Collective Management
What does Reciprocal Agreements mean? Agreements between rights organizations allowing each organization to license works and collect royalties on behalf of members in different territories.
Reciprocal agreements help creators receive international royalties.
Reciprocal Agreements synonyms: Reciprocal Representation Agreements, International Representation Agreements
Example sentence: “The PRO collected overseas royalties through reciprocal agreements.”
PRE-ORDER RECORDING BUSINESS DICTIONARY