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Business Word Means Amount Money King Queen Treat

Id ESLPod_0356_WE_0386
Episode Id ESLPod 356
Episode Title Starting a Franchise Business
Phrase royalty
Text The word "royalty," in this podcast, means an amount of money paid to a company or person for being able to use something that it, he, or she has produced, usually based on the amount of sales: "The author wrote a best-selling book, and now receives enough money from the royalties so that he doesn't have to work." The word "royalty" is also used to refer to members of a royal family, or the family of a king or queen: "Princess Diana was a very popular member of the British royalty." The phrase "to treat (someone) like royalty" means to treat someone very well, as if he or she were related to a king or queen: "To celebrate their anniversary, he treated her like royalty, taking her to the nicest restaurant in town."
Topics Business

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