Royalties meaning : The rank, status, power or authority of a monarch. People of royal rank, plus their families, treated as a group. 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. The payment received by an owner of real property for exploitation of mineral rights in the property. (by extension) Payment made to a writer, composer, inventor etc for the sale or use of intellectual property, invention etc. Someone in a privileged position. A king and a queen as a starting hand in Texas hold 'em. The bounds of a royal burgh.