What's the difference between payment and royalty?

Payment


Definition:

  • (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation.
  • (n.) That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return.
  • (n.) Punishment; chastisement.

Example Sentences:

  • (1) However, some contactless transactions are processed offline so may not appear on a customer’s account until after the block has been applied.” It says payments that had been made offline on the day of cancellation may be applied to accounts and would be refunded when the customer identified them; payments made on days after the cancellation will not be taken from an account.
  • (2) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (3) The way we are going to pay for that is by making the rules the same for people who go into care homes as for people who get care at their home, and by means-testing the winter fuel payment, which currently isn’t.” Hunt said the plan showed the Conservatives were capable of making difficult choices.
  • (4) Focusing on two prospective payment systems that operated concurrently in New Jersey, this study employs the hospital department as the unit of analysis and compares the effects of the all-payer DRG system with those of the SHARE program on hospitals.
  • (5) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (6) But the company's problems appear to be multiplying, with rumours that suppliers are demanding earlier payment than before, putting pressure on HTC's cash position.
  • (7) Finally, before the advent of the third-party payment, operations were avoided because of the financial burden.
  • (8) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (9) In 2013 it successfully applied for a Visa Innovation Grant , a fund for development and non-profit organisations seeking to adopt or expand the use of electronic payments to those living below the poverty line.
  • (10) Pensioners, like those in receipt of long-term social welfare payments or those who can prove they cannot provide their heating needs during winter, are entitled to a means-tested weekly winter fuel allowance of €20 (£ 14.54) per household.
  • (11) Most (86 percent) had educational debt (mean = $20,500), and more than half of those with debt were making loan payments.
  • (12) It would cost their own businesses hundreds of millions of pounds in transaction costs, it would blow a massive hole in their balance of payments, it would leave them having to pick up the entirety of UK debt.
  • (13) Tomorrow the courts are expected to sign off a $97.5m payment by the company to its shareholders, after investors took a class action lawsuit against the company.
  • (14) The payments were for services ranging from "project management" to "HR consultancy", according to the academy chain's company accounts.
  • (15) The four most common types of insurance that protect your income are income protection insurance, critical illness cover, life insurance, and payment protection insurance.
  • (16) In a 2011 interview with the Financial Times he said: “JPMorgan doesn’t have a chance in hell of not coming up with a big settlement.” He claimed: “There were people at the bank who knew what was going on.” The payment brings the total of fines imposed on JP Morgan to nearly $20bn in the past year.
  • (17) Gerson Zweifach, general counsel for both News Corp and 21st Century Fox , Murdoch’s film and TV business, said: “We are grateful that this matter has been concluded and acknowledge the fairness and professionalism of the Department of Justice throughout this investigation.” It is understood there has been no background settlement with the Department of Justice in order to avoid a full-blown investigation, contrary to speculation in New York over a year ago that the company was looking at a possible payment of over $850m.
  • (18) The payments are now more likely to made in shares issued monthly.
  • (19) Applications from Serbia, which account for 10% of the total, stem mostly from the dissolution of former Yugoslavia: payment of army reservists, access to savings in present-day Bosnia and Herzegovina, pensions in Kosovo.
  • (20) Without action today, the winter fuel payment would have decreased in value this coming winter.

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.