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07:34 Mar 23, 2024 |
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English to Chinese translations [PRO] Medical - Medical (general) / 医学 | |||||||
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| Selected response from: Frank Feng China Local time: 22:56 | ||||||
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Summary of answers provided | ||||
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4 +1 | 惯常的分级权利金 |
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惯常的分级权利金 Explanation: 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. |
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