👉 Non-royalty is a term used in the context of business and economics to describe situations where a company or individual does not pay any royalty or license fees for using another person's property, technology, or services. This could be due to an agreement, contract, or arrangement that allows the other party to use the property without paying royalties or licensing fees.
Non-royalty can arise in various scenarios such as:
1.
Freelance Services
: A freelance developer may not pay royalties for
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What is the definition of Nonroyalty? 🙋
