running royalty

  

Definition

Compensation paid to a franchiser or licensor on the basis of number of units produced or sold, instead of a lump sum royalty.

News containing the term running royalty

Loading...



http://www.businessdictionary.com/definition/running-royalty.html


Enter your email address to get our free Term of the Day newsletter!

running royalty is...

Nearby Terms

Popular 'Accounting & Auditing' Terms

Search volume for running royalty

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z