|—n , pl -ties|
|1.||the rank, power, or position of a king or queen|
|2.||a. royal persons collectively|
|b. one who belongs to the royal family|
|3.||any quality characteristic of a monarch; kingliness or regal dignity|
|4.||a percentage of the revenue from the sale of a book, performance of a theatrical work, use of a patented invention or of land, etc, paid to the author, inventor, or proprietor|
A payment made for some right or privilege, as when a publisher pays a royalty to an author for the author's granting the publisher the right to sell the author's book.