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Từ vựng:

upfront royalty

Giải nghĩa:

/ʌpˈfrʌnt ˈrɔɪəlti/ – Phrase


Definition: Tiền bản quyền trước.

A more thorough explanation: a lump sum (=large single amount) payment to a person granting a right to use property or a business idea; not a running royalty

Example: A licence shall be granted for no upfront royalty payment but later payments are due if sales in the next three years exceed £100,000.

 

 
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