/dɪˈfɜrd ˈrɔɪəlti/ – Phrase
Definition: tiền nhuận bút trả cho tác giả sau khi bán được một phần số xuất bản.
A more throughout explanation: Deferred royalty refers to a payment arrangement in a licensing agreement where the royalty payments owed to the licensor are postponed or delayed to a future date or until certain conditions are met. This allows the licensee to defer making royalty payments until a later time, typically after the licensed product or service has generated revenue.
Example: The parties agreed that the deferred royalty payments would be made in quarterly installments over the course of five years.