Royalty refers to individuals who belong to a royal family, typically those who hold a rank or title granted by a monarchy. This term encompasses kings, queens, princes, and princesses, as well as other members of the royal lineage. Royalty often signifies a ceremonial or constitutional status within a country, embodying cultural traditions, customs, and social hierarchies.
The concept of royalty can also extend to the privileges, wealth, and responsibilities associated with these individuals. In many societies, royalty is linked to historical governance structures, where such figures have had significant political power and influence, though many modern monarchies operate with limited or symbolic authority.
Additionally, the term “royalty” can refer to the legal and financial rights pertaining to the ownership of intellectual property, including payments made to creators and artists when their work is used or reproduced. However, in its primary sense, royalty is most commonly associated with the aristocratic class within a hierarchical societal framework.