Advance against royalties
id:
advance-against-royalties-251-8989291
title:
Advance against royalties
text:
In the field of intellectual property licensing, an advance against royalties is a payment made by the licensee to the licensor at the start of the period of licensing which is to be offset against future royalty payments. It is also known as a guaranteed minimum royalty payment. For example, a book's author may sell a license to a publisher in return for 5% royalties on sales of the book and a $5,000 advance against those royalties. In this case, the author would immediately receive the $5,000,
brand slug:
wiki
category slug:
encyclopedia
description:
Advance payment made for intellectual property licensing
original url:
https://en.wikipedia.org/wiki/Advance_against_royalties
date created:
date modified:
2020-05-17T07:42:21Z
main entity:
{"identifier":"Q4686083","url":"https://www.wikidata.org/entity/Q4686083"}
image:
fields total:
13
integrity:
14