royalty

noun9

1. •
   People of royal rank, plus their families, treated as a group.
2. •
   (figurative) Someone in a privileged position.

   • The Biden large-donor scene, where Mr. Katzenberg is treated as royalty himself, has been devastated since Mr. Biden’s debate performance two weeks ago. — 2024
3. •
   The payment received by an owner of real property for exploitation of mineral rights in the property.
4. •
   Payment made to a writer, composer, inventor etc for the sale or use of intellectual property, invention etc.
5. •
   The rank, status, power or authority of a monarch.
6. •
   A royal right or prerogative, such as the exploitation of a natural resource; the granting of such a right; payment received for such a right.
7. •
   To make more money from a book than it cost to run an advertising campaign for it; to make enough in royalties to cover the advance a book received.

   • Until the total of advances in that contract has been earned out by royalties from any or all books in that contract, the author will not receive additional royalties. — 2014
8. •
   (slang) A king and a queen as a starting hand in Texas hold 'em.
9. •
   (Scotland, historical) The bounds of a royal burgh.