Royalties

Term: Royalties

Definition: Payments made by a licensee to a licensor for the right to use their intellectual property (IP).


Klemchuk PLLC is a leading IP law firm based in Dallas, Texas, focusing on litigation, anti-counterfeiting, trademarks, patents, and business law. Our experienced attorneys assist clients in safeguarding innovation and expanding market share through strategic investments in intellectual property.

This article is provided for informational purposes only and does not constitute legal advice.

Lindsey Leist