Universities leverage tax-free research grants into lucrative licensing and royalty streams and stock-ownership positions in start-up companies.

The company said last December, Circle K received $55,500,000 as the result of monetizing the royalty stream from its Japanese operation.

But a hit show provides a lucrative royalty stream for any songwriter, with the added advantage that the artist doesn't need to perform.

Michael Gumport, a Lehman Brothers analyst, says that a royalty stream once worth $25 a share is now worth only $15 or $20.

It also argued that the hospital had accepted the arrangement and was suing because the patents were about to expire and the royalty stream was about to end.

His father, an amateur inventor, patented a design for a ribbon cartridge for typewriters that earned him a substantial royalty stream.

These days, they tend to mention nondisclosure agreements, worldwide patent rights, royalty streams, intellectual property fights - in a word, money.

It produces a royalty stream but we make a lower margin from it.

His recordings were largely out of print, his electronic instruments were cobweb-collecting relics, and his once-abundant royalty stream had slowed to a trickle.

Last night, David Landau, a general partner, said that Van Heusen had bought "all of the CK brand, and all of the royalty streams."