Royalty payment
>
:max_bytes(150000):strip_icc()/Term-Definitions_royalty-resized-9197639065da4641a4e1135e8d0b7ed9.jpg&imgrefurl=https://www.investopedia.com/terms/r/royalty.asp&h=1000&w=1500&tbnid=mSzPmD4Q592OeM&q=Royalty+payment&tbnh=183&tbnw=275&usg=AI4_-kT68i-vIUthoSQovFS_kQkk0Mot1g&vet=1&docid=2_XAwYCLTMvWdM&itg=1&sa=X&ved=2ahUKEwjE2tDdsfqFAxWqcfEDHUYEAfIQ9QF6BAgAEAM)
A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Wikipedia
End Tax Compliance & Global Payment Headaches With Tipalti's Royalty Payment Solution. Paying Artists Can...