Royalty Rate
Type: noun
Pronunciation: /roy-al-tee-rayt/
Also spelled or known as: Royalty Percentage
Plural: Royalty Rates
Related: Royalties
What does Royalty Rate mean? The percentage or amount used to calculate royalty payments.
In music, Royalty Rates may apply to streams, sales, licenses, publishing income, master income, or mechanical royalties.
Royalty Rate synonyms: Royalty Percentage, Payment Rate, Royalty Amount
Example sentence: “The producer negotiated a higher royalty rate.”
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