{"id":2018659,"date":"2025-09-13T06:41:11","date_gmt":"2025-09-13T06:41:11","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2018659"},"modified":"2025-09-13T06:41:11","modified_gmt":"2025-09-13T06:41:11","slug":"what-is-royalty-types-of-royalty-accounting-concepts","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/what-is-royalty-types-of-royalty-accounting-concepts\/","title":{"rendered":"What is royalty | Types of royalty | accounting concepts"},"content":{"rendered":"<p><iframe loading=\"lazy\"  width=\"580\" height=\"385\" src=\"https:\/\/www.youtube.com\/embed\/xJO8fZVmO2c?autoplay=1&#038;modestbranding=1\" frameborder=\"0\" allowfullscreen><\/iframe><br \/>\n<br \/>What is royalty | Types of royalty | accounting concepts<\/p>\n<p>Welcome to Commerce Shruti! In this video, we will discuss Royalty and its types, an important topic in accounting.<\/p>\n<p>What is Royalty?<br \/>\nRoyalty is a payment made by a user (lessee) to the owner (lessor) for the right to use their assets, resources, or intellectual property. It is usually calculated as a percentage of revenue, production, or usage.<\/p>\n<p>Types of Royalty:<\/p>\n<p>Mining Royalty: Paid for extracting natural resources like coal, minerals, or oil.<br \/>\nCopyright Royalty: Paid to authors, composers, or publishers for using their creative works.<br \/>\nPatent Royalty: Paid to use patented technology, inventions, or processes.<br \/>\nTrademark Royalty: Paid for using brand names, logos, or trademarks.<br \/>\nThis video covers the meaning of royalty, its importance in accounting, and practical examples to understand how royalties are calculated and recorded.<\/p>\n<p>#Royalty #TypesOfRoyalty #Class12Accounting #CommerceShruti #AccountingConcepts<br \/>\n<br \/><a href=\"https:\/\/www.youtube.com\/watch?v=xJO8fZVmO2c\">Video Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is royalty | Types of royalty | accounting concepts Welcome to Commerce Shruti! In this video, we will discuss Royalty and its types, an important topic in accounting. What is Royalty? Royalty is a payment made by a user (lessee) to the owner (lessor) for the right to use their assets, resources, or intellectual [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2018660,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25180],"tags":[],"class_list":["post-2018659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-videos"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/09\/1757745670_maxresdefault.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2018659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2018659"}],"version-history":[{"count":0,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2018659\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2018660"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2018659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2018659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2018659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}