In other words, if others use your work to make money, you get money. Royalties are payments for use of intangible works (not services). You can also receive royalty income through investment in a mineral operation, like gas or oil. You can negotiate your royalties in different ways.
Default definition. What is a default option? In computer science , the word Default refers to a setting or value automatically assigned to a computer program or device, outside of user intervention. In other words, this is the original setting as done by the software manufacturers.
You will notice that as soon as we type the word As, Excel will display a drop-down list of all variables. The default value for any Numeric type Variable is zero. The default value for any String type variable is  (empty text). The default value for an Object type Variable is Nothing.