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Từ vựng:

advance royalty

Giải nghĩa:

/ˈædvəns ˈrɔɪəlti/ – Phrase


Definition: tiền nhuận bút ứng trước.

A more thorough explanation: Advance royalty refers to a payment made by a licensee to a licensor in exchange for the right to use intellectual property, such as patents or copyrights, before any royalties are earned from the exploitation of the intellectual property. This payment is typically made upfront and is considered an advance against future royalties that may be earned from the use of the intellectual property.

Example: The author received an advance royalty payment from the publisher before the book was even published.

 

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