Glossary entry (derived from question below)
English term or phrase:
customary tiered royalties
Chinese translation:
惯常的分级权利金
- The asker opted for community grading. The question was closed on 2024-03-27 00:54:22 based on peer agreement (or, if there were too few peer comments, asker preference.)
Mar 23 07:34
1 mo ago
12 viewers *
English term
customary tiered royalties
English to Chinese
Medical
Medical (general)
医学
customary tiered royalties for a clinical stage asset on future BHM product sales.
Proposed translations
(Chinese)
| 4 +1 | 惯常的分级权利金 |
Frank Feng
|
Proposed translations
+1
15 mins
Frank Feng
China
China
Native in Chinese
Specializes in field
China
Financial, Medical, Game, IT Translation
Native in: Chinese (Variants: Mandarin, Traditional, Simplified) , Mandarin Chinese 
Works in: English to Chinese, Chinese to English, English to Mandarin Chinese
Related KudoZ points
:
111
Selected
惯常的分级权利金
ref: https://www.fool.com/terms/t/tiered-royalty
What exactly is a tiered royalty?
A tiered royalty is a structured way of earning or paying royalties where the percentage paid changes based on certain criteria, often the volume of unit sales or total revenue generated. Unlike a flat royalty rate, which remains constant regardless of sales figures, a tiered royalty rate varies.
For instance, a tiered royalty arrangement might entail a 10% royalty on the first $1 million in sales, 7% on sales from $1 million to $3 million, and 5% on any sales exceeding $3 million. This model provides incentives for both parties in the royalty agreement to maximize revenue since higher unit sales lead to potentially higher royalties -- and a more profitable fee structure for buyers with large sales volumes.
What exactly is a tiered royalty?
A tiered royalty is a structured way of earning or paying royalties where the percentage paid changes based on certain criteria, often the volume of unit sales or total revenue generated. Unlike a flat royalty rate, which remains constant regardless of sales figures, a tiered royalty rate varies.
For instance, a tiered royalty arrangement might entail a 10% royalty on the first $1 million in sales, 7% on sales from $1 million to $3 million, and 5% on any sales exceeding $3 million. This model provides incentives for both parties in the royalty agreement to maximize revenue since higher unit sales lead to potentially higher royalties -- and a more profitable fee structure for buyers with large sales volumes.
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
Something went wrong...