Assertion: royalty | /r/CreatedBy | one party
Facets:
value: to another
type: TRANSITIVE-OBJECT
Source sentences:
text: A royalty is a payment made by one party (the licensee or franchisee) to another that owns a particular asset (the licensor or franchisor), for the right to ongoing use of that asset.
text: A royalty is a payment made by one party, usually a licensee or franchisee, to the legal owner of a particular property, patent, copyrighted work, license or franchise for the right to use it for the purpose of ongoing use to generate revenue.