Contents
Royalties
In the United States
For information about Royalties in the context of international trade, click here
Royalties and the Laws of International Trade
Royalties
Intellectual Property and Competition Law
Royalties in International Trade
Meaning of Royalties, according to the Dictionary of International Trade (Global Negotiator): Compensation for the use of a person’s or company’s intellectual property rights based on an agreed percentage of the income arising from its use (e.g. to an author on sale of his/her book, to an inventor for the use of his/her patent, to a company for the use of its trademark, etc.).
Resources
See Also
- Income Distribution
- Bankruptcy
- Inequality
Resources
See Also
Further Reading
- Information about Royalties in the Encyclopedia of World Trade: from Ancient Times to the Present (Cynthia Clark Northrup)
Related Entries of the International Encyclopedia:
- Tariff Schedule Tariff Schedule and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Schedule: A comprehensive list of the goods, which a country imports, and the import duties applicable to each [...]...
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- Tariff Rates Column 2 Rates and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Column 2 Rates: US tariff rates assessed on imports from countries not receiving most- favored-nationtreatment. Most [...]...
- Compound Tariff Compound Tariff and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Compound Tariff: A combination of a specific duty and an ad valorem tariff on the same imported item (e.g., $100 per [...]...
- Customs Trade Regulations Law of Similars and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Law of Similars: Regulations limiting importation of a product or altering its tariff treatment if a "similar" [...]...
- Negotiations Item-by-Item Negotiations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Item-by-Item Negotiations: A method of tariff negotiations in which the expected trade effects of each [...]...
- Bound Rates Bound Rates and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Bound Rates: Most favored-nation tariff rates resulting from GATT negotiations and thereafter incorporated as integral [...]...
- GATT Standing Committee GATT Standing Committee and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of GATT Standing Committee: A permanent body of GATT members dealing with a specific area of trade policy. Includes [...]...
- Single-Column Tariff Single-Column Tariff and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Single-Column Tariff: A tariff schedule specifying only one rate of duty for each imported commodity....
- Tariff Quota Tariff Quota and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Quota: A two-stage tariff, providing a base tariff rate that applies to goods up to a specified quantity imported [...]...
- Modifications Modifications and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Modifications: Alteration or withdrawal of trade concessions previously made within GATT. Contracting Parties are [...]...
- Trade Negotiations Committee Trade Negotiations Committee (TNC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Trade Negotiations Committee (TNC): The steering group established at the outset of the GA 1TUruguay Round (Sec. I) to [...]...
- Applied Tariff Rate Applied Tariff Rate and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Applied Tariff Rate: The tariff rate actually used to determine the amount of duty owed on a particular import [...]...
- Sovereign The supreme political power that, within its own defined geographical boundaries, is accountable to no authority higher than its own.......
- Reduction Linear Reduction and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Linear Reduction: A tariff negotiating procedure based on reduction of tariffs by a specified percentage on an entire [...]...
- Multilateral Trade Organization Multilateral Trade Organization (MTO) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Multilateral Trade Organization (MTO): A proposed organization that would subsume the GAIT,the General Agreement on [...]...
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- Multilateral Trade Negotiations Negotiations among many nations acting in concert for the purpose of reducing trade barriers. Since the inception of the General Agreement on Tariffs and Trade (read about the GATT for further details). in 1947, the mos......
- Committee on Tariff Concessions Committee on Tariff Concessions in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Committee on Tariff Concessions: A GATT standing committee that reviews the results of tariff negotiations and oversees [...]...
- Tariff Escalation Tariff Escalation and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Escalation: The application of tariff rates on raw materials that are lower than on processed versions of the [...]...
- Geneva Rounds Geneva Rounds and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Geneva Rounds: The first and fourth GATT Round of multilateral trade negotiations, held in Geneva, Switzerland. The [...]...
- Track Track I and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Track I: Designation for consolidated negotiating activities in the final phase of the Uruguay Roundconcerning market access in goods....
- Concessions Schedule of Concessions and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Schedule of Concessions: A list of import duties applicable to specific goods which a GATT Contracting Party [...]...
- Tariffication Tariffication and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariffication: Conversion of a quota or other nontariff barrier (NTB) to a tariff providing an equivalent amount of [...]...
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- Margin of Preference Margin of Preference and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Margin of Preference: The difference between the duty paid under a system of tariff preferences and the duty [...]...
- Ministerial Declaration Ministerial Declaration and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Ministerial Declaration: A decision by trade ministers of GATT members to launch a GATT Round of multilateral [...]...
- Tariff Rate Quota Tariff Rate Quota (TRQ) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Rate Quota (TRQ): Alternative term for tariff quota....
- Less-Developed Countries Less-Developed Countries Less-Developed Countries (LDCs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Less-Developed Countries (LDCs): An alternative term for developing countries. [...]...
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- Import Sensitivity Import Sensitivity and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Import Sensitivity: The vulnerability of a domestic industry to injury from foreign competition. See also sensitive [...]...
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- Standstill Standstill and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Standstill: A commitment undertaken at the outset of a GATT negotiation to refrain .from legislating or implementing new [...]...
- Green Round Green Round and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Green Round: A term referring to a proposed new GATT Round of multilateral negotiations that would address environmental [...]...
- Plurilateral Plurilateral and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Plurilateral: In GATT parlance, refers to a consultation or negotiating session involving more than two countries [...]...
- Horizontal Reduction Horizontal Reduction and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Horizontal Reduction: Negotiated cuts in tariff rates by the same percentage for all parties to an agreement. Also [...]...
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- Industrial Property Summary of Industrial Property Intangible property such as patents and trademarks.(Main Author: William J. Miller) Spanish Translation of industrial property This is the legal translation of English to Spanish in relation to industrial property and / or a definition of this [...]...
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- Annecy Round Annecy Round and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Annecy Round: The second GATT Round of multilateral trade negotiations, held in...
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- Snapback Snapback and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Snapback: Provisions in a trade agreement that allow a signatory to temporarily rescind concessions under specified [...]...
- Dillon Round A series of multinational trade discussions conducted during 1960-1962 under the sponsorship of the general agreement of tariffs and Trade (read this and related legal terms for further details). The principal result of ......
- Most-favored-nation A privilege granted to a nation to have customs duties levied upon its products at the lowest rate offered to any other nation. Customarily, the extension of most favored nation status is reciprocal. See tariff (Customs).......
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- Industrialized Countries Industrial Countries or Industrialized Countries and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Industrial Countries or Industrialized Countries: (Also known as developed countries) A [...]...
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- Procedural Protectionism Procedural Protectionism and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Procedural Protectionism: Abusive administration of import control procedures allowed under GATT (especially [...]...
- Specific Limitations on Trade Specific Limitations on Trade and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Specific Limitations on Trade: Measures that limit imports or exports of a product during a specified [...]...
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- Request Approach Request/Offer Approach and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Request/Offer Approach: A tariff negotiating procedure whereby specific requests (e.g., cuts of a specified [...]...
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- Rectifications Rectifications and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Rectifications: Changes made in a country's schedule of GATT concessions, usually .involving correction of errors but [...]...
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- Exceptions Products specifically exempted from trade liberalization, such as duty reductions; usually, exceptions are made to protect domestic industries that would suffer serious harm from increased imports.......
- Offer List A list of products, usually prepared in conjunction with multilateral trade negotiations, upon which a nation is prepared to negotiate trade liberalization; the list may also identify products that are to be specifically exempted from discussion.......
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- Demarche Demarche and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Demarche: A formal diplomatic communication of a country's position on an issue, presented to an official representative of [...]...
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- Marking Rules Packaging, Labeling, and Marking Regulations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Packaging, Labeling, and Marking Regulations: National requirements that importers must [...]...
- Protocol of Provisional Application Protocol of Provisional Application and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Protocol of Provisional Application: The legal device that enabled the original Contracting Parties [...]...
- Sectoral Reciprocity Sectoral Reciprocity and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Sectoral Reciprocity: The objective of equalizing levels of protection applying to international trade in a [...]...
- Anticircumvention Duty Anticircumvention Duty and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Anticircumvention Duty: A term used by the European Community for penalty charges imposed on the output of [...]...
- User Fee User Fee and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of User Fee: A fee for a service --such as the provision of customs operations by the government of the importing country [...]...
- Injury Test Injury Test and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Injury Test: An administrative determination establishing that injury to a domestic industry has occurred as a result of an [...]...
- Import Licensing Import Licensing and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Import Licensing: Procedures requiring the submission of an application or other documentation (other than those [...]...
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- Multilateral Steel Agreement Multilateral Steel Agreement (MSA) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Multilateral Steel Agreement (MSA): A proposed agreement that would phase out tariffs, eliminate [...]...
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- International Trade Commission For more details on United States International Trade Commission, click here.......
- Innovation Innovation and the Laws of International Trade The relationship between antitrust law and intellectual property Intellectual Property and Competition Law Three general principles When antitrust concerns arise The three markets The horizontal/vertical distinction Rule of [...]...
- International Trade Organization International Trade Organization (ITO) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of International Trade Organization (ITO): (Not to be confused with Multilateral Trade "Organization, Sec. I). An [...]...