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TeachMeFinance.com - explain Overriding royalty Overriding royalty The term 'Overriding royalty' as it applies to the area of energy can be defined as ' A royalty interest, in addition to the basic royalty, created out of the working interest; itis, therefore, limited in its duration to the life of the lease under which it is created'. Previous 5 Terms: Overhang Overhaul Overland Flow overmature Overpayment Assessment Next 5 Terms: Overrunning Overshooting Top oversplash overstocked overstory About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.