0-9 a b c d e f g h i j k l m n o p q r s t u v w y z search

TeachMeFinance.com - explain Royalty Royalty The term 'Royalty' as it applies to the area of energy can be defined as ' A contractual arrangement providing a mineral interest that gives the owner a right to a fractional share of production or proceeds therefrom, that does not contain rights and obligations of operating a mineral property, and that is normally freeand clear of exploration, developmental and operating costs, except production taxes'. Previous 5 Terms: Route Route alerting Route of exposure Routine Use Routing Next 5 Terms: Royalty cost Royalty interest Royalty interest (including overriding royalty) RPA RPA assessment - program 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.