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From The Collaborative International Dictionary of English v.0.44 [gcide]:
Royalty \Roy"al*ty\, noun; pl. {Royalties}. [OF. roialt['e], royault['e], F. royaut['e]. See {Royal}, and cf. {Regality}.]
1. The state of being royal; the condition or quality of a royal person; kingship; kingly office; sovereignty.
Royalty by birth was the sweetest way of majesty. --Holyday.
2. The person of a king or sovereign; majesty; as, in the presence of royalty.
For thus his royalty doth speak. --Shak.
3. An emblem of royalty; -- usually in the plural, meaning regalia. [Obs.]
Wherefore do I assume These royalties, and not refuse to reign? --Milton.
4. Kingliness; spirit of regal authority.
In his royalty of nature Reigns that which would be fear'd. --Shak.
5. Domain; province; sphere. --Sir W. Scott.
6. That which is due to a sovereign, as a seigniorage on gold and silver coined at the mint, metals taken from mines, etc.; the tax exacted in lieu of such share; imperiality.
7. A share of the product or profit (as of a mine, forest, etc.), reserved by the owner for permitting another to use the property.
8. Hence (Com.), a duty paid by a manufacturer to the owner of a patent or a copyright at a certain rate for each article manufactured; or, a percentage paid to the owner of an article by one who hires the use of it.
From WordNet (r) 2.0 [wn]:
royalty
noun
1: payment to the holder of a patent or copyright or resource for the right to use their property; "he received royalties on his book"
2: royal persons collectively; "the wedding was attended by royalty" [syn: {royal family}, {royal line}, {royal house}]
From Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:
128 Moby Thesaurus words for "royalty": FFVs, ancestry, ancienne noblesse, anointed king, aristocracy, aristocraticalness, avails, baronage, baronetage, birth, blood, blue blood, box office, caliphate, chief, chieftain, chivalry, commission, commissions, compensation, credit, credits, crowned head, cut, czardom, disposable income, distinction, dividend, dividends, dynast, earned income, earnings, elect, elite, emperor, emperorship, empery, empire, gains, gate, gate receipts, genteelness, gentility, get, grand duke, gross, gross income, gross receipts, haut monde, high chief, high life, high society, honorable descent, imperator, imperialism, income, intake, kaiserdom, kaisership, king, king-emperor, kinghood, kinglet, kingship, knightage, lord paramount, majesty, make, monarch, net, net income, net receipts, nobility, noble birth, nobleness, noblesse, noblesse de robe, old nobility, output, overlord, paramount, payment, peerage, percentage, petty king, potentate, prince, prince consort, proceeds, produce, profits, quality, queenhood, queenship, rajaship, rake-off, rank, receipt, receipts, receivables, regnancy, returns, revenue, royal, royal personage, royalties, ruler, share, sovereign, sovereignty, sultanate, sultanship, suzerain, take, take-in, takings, tetrarch, the Four Hundred, the classes, the crown, the throne, unearned income, upper classes, upper crust, upper ten, upper ten thousand, uppercut, yield
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