Comparative law notes
This term does not exist in Hungary. The above Hungarian term is a suggested translation.
egy összegben fizetett szerzői jogdíj
főnév
neolog
upfront royalty
noun
Definitions of upfront royalty
a lump sum (=large single amount) payment to a person granting a right to use property or a business idea; not a running royalty
A licence shall be granted for no upfront royalty payment but later payments are due if sales in the next three years exceed £100,000.