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royalty

/ˈɹɔɪəlti/ noun

Latin root: rēgālis Wiktionary

noun Definition from Wiktionary (CC BY-SA). Pronunciation from Wiktionary, via Kaikki.org. More about royalty at Wordnik → Where our words come from →

  1. The rank, status, power or authority of a monarch.
  2. People of royal rank, plus their families, treated as a group.
  3. A royal right or prerogative, such as the exploitation of a natural resource; the granting of such a right; payment received for such a right.

Origin

From Middle English royaltee, roialtee, royalte, from Old French roialté, roiauté, realté (compare earlier Old French realted (“realm, kingdom”)), from Vulgar Latin *rēgālitās, from Latin rēgālis, equivalent to royal + -ty. Doublet of regality.

From Wiktionary, via Kaikki.org (CC BY-SA)