What's the difference between license and royalty?

License


Definition:

  • (n.) Authority or liberty given to do or forbear any act; especially, a formal permission from the proper authorities to perform certain acts or to carry on a certain business, which without such permission would be illegal; a grant of permission; as, a license to preach, to practice medicine, to sell gunpowder or intoxicating liquors.
  • (n.) The document granting such permission.
  • (n.) Excess of liberty; freedom abused, or used in contempt of law or decorum; disregard of law or propriety.
  • (n.) That deviation from strict fact, form, or rule, in which an artist or writer indulges, assuming that it will be permitted for the sake of the advantage or effect gained; as, poetic license; grammatical license, etc.
  • (v. t.) To permit or authorize by license; to give license to; as, to license a man to preach.

Example Sentences:

  • (1) "The level of the financial penalty to be imposed in this case should be sufficient to act as an effective incentive [to all broadcast licence holders] to continue to provide all elements of their respective licensed services throughout the licensed period, even if the licensee believes that there are commercial reasons for it to cease providing all or part of the licensed service during the licence period," the regulator added.
  • (2) Therefore, a comprehensive study of human immunodeficiency virus type 1 report forms was conducted from state-licensed testing laboratories in California.
  • (3) Instead, it was argued that abortion was a surgical procedure outside the expertise of CNMs and should only be performed by licensed physicians.
  • (4) Pope Francis’s no-longer-secret meeting in Washington DC with anti-gay activist Kim Davis, the controversial Kentucky county clerk who was briefly jailed over her refusal to issue same-sex marriage licenses in compliance with state law, leaves LGBT people with no illusions about the Pope’s stance on equal rights for us, despite his call for inclusiveness.
  • (5) Tension heightened last week after Davis continued to refuse licenses to couples; on Friday, she filed a request to the supreme court to stay the lower court’s decision.
  • (6) Two antiviral agents are licensed to treat HIV infection: zidovudine and didanosine.
  • (7) Cal Zastrow, also with the group, said that, although he has stood by Davis throughout the ordeal, he wouldn’t support the clerk’s policy to allow deputies to issue licenses without her authorization.
  • (8) "Hints that the license fee payer will be hit are the closest the Tories come to explaining how they intend to pay for this."
  • (9) The currently licensed parenteral cholera vaccine has not been a useful public health tool in the control of cholera.
  • (10) Golding said the government would not soften its stance on drug trafficking and it intended to use a proportion of revenues from its licensing authority to support a public education campaign to discourage pot-smoking by young people and mitigate public health consequences.
  • (11) Formal audits of the continuing medical education activities of physicians licensed in Michigan were undertaken to assess compliance with a law mandating participation in 150 hours of continuing medical education each 3 years.
  • (12) The Mail branded the deal "a grim day for all who value freedom" and, like the Times, accused David Cameron of crossing the Rubicon and threatening press freedom for the first time since newspapers were licensed in the 17th century.
  • (13) Workmen's Compensation claims from 193 licensed Florida hospitals were reviewed for 1970 to 1972, to seek possible nosocomial infection, and 55 claims for infection were found.
  • (14) In 2010, Path licensed the Silcs design to Kessel Marketing & Vertriebs GmbH (Kessel) of Frankfurt, Germany.
  • (15) When it was first licensed for the European food market six years ago, baobab was – with a certain inevitability –proclaimed a superfood to rival quinoa, blueberries and kale.
  • (16) In a statement the club said: "We currently are in discussions with multiple parties regarding our global retail, apparel and product licensing business starting in the 2015-16 season.
  • (17) "Prime-time dramas aren't usually properties that are licensed [for merchandising] with the exception of the family-orientated Doctor Who.
  • (18) The unexpected announcement by Eric Holder, the attorney general, contradicts Utah’s refusal to recognise some 1,300 same-sex marriages that were licensed during a brief window in December when a federal judge ruled the state’s ban was unconstitutional .
  • (19) Last week, Jindal told a conference that corporate America has fashioned an “unnatural alliance with the radical left” by opposing so-called religious freedom bills that gay rights activists fear would give businesses a license to discriminate.
  • (20) Davis has said she will not resign her $80,000-a-year job and will never issue marriage licenses to same-sex couples – even if the supreme court denies her request.

Royalty


Definition:

  • (n.) The state of being royal; the condition or quality of a royal person; kingship; kingly office; sovereignty.
  • (n.) The person of a king or sovereign; majesty; as, in the presence of royalty.
  • (n.) An emblem of royalty; -- usually in the plural, meaning regalia.
  • (n.) Kingliness; spirit of regal authority.
  • (n.) Domain; province; sphere.
  • (n.) That which is due to a sovereign, as a seigniorage on gold and silver coined at the mint, metals taken from mines, etc.; the tax exacted in lieu of such share; imperiality.
  • (n.) A share of the product or profit (as of a mine, forest, etc.), reserved by the owner for permitting another to use the property.
  • (n.) Hence (Com.), a duty paid by a manufacturer to the owner of a patent or a copyright at a certain rate for each article manufactured; or, a percentage paid to the owner of an article by one who hires the use of it.

Example Sentences:

  • (1) A slew of figures from showbusiness, royalty and sport have also been linked with offshore companies in the documents.
  • (2) The commonwealth and state government gets royalties, but it’s not being shared with the Indigenous communities,” he said.
  • (3) He claimed payroll tax and coal royalties – which go to state coffers – would deliver a profit on the rail investment after three years.
  • (4) There is a risk of stranded assets, job losses and royalty shortfalls.
  • (5) You looked pretty overwhelmed when you went up to accept the award... Oh, maybe it's something about America not having royalty.
  • (6) Chipmaker ARM is the biggest faller in London, as analysts fret about a slowdown in royalty revenues.
  • (7) Streaming music service Spotify has now paid out more than $500m (£311m) in royalties to rightsholders since its launch in 2008, according to chief executive Daniel Ek.
  • (8) Worse still, she was threatened with violence by neighbours who thought the film portrayed them in an unflattering light; she also faced prosecution for claiming benefit without disclosing her royalties.
  • (9) "I certainly have seen the benefits that can come from [oil] royalties.
  • (10) But the Kumamoto governor was a fan, and cannily waived licensing fees for Kumamon, encouraging manufacturers to use him royalty-free.
  • (11) These men were described in the document as Epstein’s “adult male peers, including royalty”.
  • (12) The company has already paid out in excess of $500m in royalties, a sum that makes up 70% of the company's revenue.
  • (13) It was backed by the Newman government, which said it would create 10,000 jobs and contribute $22m in royalties to the state’s annual revenue.
  • (14) In a singularly painless contest the money would either be paid to the band as a royalty, which would take that money out of the system and put it into things like houses and groceries and college educations.
  • (15) "Clearly Arm's licensing and royalty momentum seems set to continue in coming quarters as well, not withstanding the broader weakness in the overall semiconductor industry," said analyst Janardan Menon at broker Liberum.
  • (16) The singer's royalties and fees will go to the Amy Winehouse Foundation, to which Fred Perry will also make a seasonal donation.
  • (17) Collier reiterated that royalties would not fill the gap left by federal money, but said Redman’s offer of using the development fund was a “positive commitment” that could be used to support those communities determined to be “sustainable”.
  • (18) That’s also 100 million times that an artist, songwriter, music label – or anyone else involved in the chain of creating and distributing music – was likely denied the opportunity to earn any royalties, revenues or sales.
  • (19) Photograph: Dean Sewell The PAC report states the expansion would safeguard 1,187 jobs over the next 14 years, provide $567m in royalties and there would be “substantial adverse economic impacts” to the towns of Singleton and Cessnock if the project doesn’t go ahead.
  • (20) "I'm still getting royalties as if it were full price … so I'm a really happy bunny," said James.