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Simple English definitions for legal terms
author's share
Read a random definition: New Jersey
A quick definition of author's share:
Author's Share: The money an author gets from their book sales. It's a part of the money the publisher makes, and the author gets a percentage of it. This is decided by an agreement between the author and the publisher.
A more thorough explanation:
Definition: The author's share refers to the portion of royalties that an author receives from their work, as determined by an agreement with the publisher.
Example: If an author's book sells for $20 and their royalty rate is 10%, their author's share would be $2.
The example illustrates how the author's share is calculated based on the agreed-upon royalty rate and the sale price of the work. It is important for authors to negotiate a fair royalty rate with their publisher to ensure they receive a reasonable portion of the profits from their work.