The rank, status,
power or
authority of a monarch.
People of royal rank, plus their families, treated as a group.
A royal right or prerogative, such as the exploitation of a natural resource; the granting of such a right;
payment received for such a right
The
payment received by an owner of real
property for exploitation of mineral rights on his property.
(by extension)
payment made to a writer, composer, inventor etc for the sale or use of intellectual property, invention
(poker, slang) A king and a queen as a starting hand in Texas hold 'em