royalty interest
royalty interest 使用费；使用费权益 开采自然资源或使用专利技术而应向所有人或权利人交纳的费用或相关的提成。(→royalty)
ROYALTY INTEREST
royalty interest
royalty interest. Oil & gas. A share of production — or the value or proceeds of production, free of the costs of production — when and if there is production. • A royalty interest is usu. expressed as a fraction (such as 1/6). A royalty-interest owner has no right to operate the property and therefore