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TeachMeFinance.com - explain Royalty interest (including overriding royalty) Royalty interest (including overriding royalty) The term 'Royalty interest (including overriding royalty)' as it applies to the area of energy can be defined as ' These interests entitle their owner(s) to a share of the mineral production from a property or to a share of the proceeds therefrom. They do not contain the rights and obligations of operatingthe property and normally do not bear any of the costs of exploration,development, and operation of the property'. Previous 5 Terms: Routine Use Routing Royalty Royalty cost Royalty interest Next 5 Terms: RPA RPA assessment - program RPAR RPD RPLC 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.