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Simple English definitions for legal terms
PLR
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A quick definition of PLR:
Term: PLR
Definition: PLR stands for Public Lending Right. This means that authors and other creators of books can receive payment when their works are borrowed from public libraries. It's a way to support and encourage the creation of new books and other materials for people to enjoy.
A more thorough explanation:
Definition: PLR is an abbreviation for Public Lending Right.
Explanation: Public Lending Right is a legal right that allows authors to receive payment when their books are borrowed from public libraries. This means that every time someone borrows a book from a library, the author of that book receives a small payment.
Example: If an author's book is borrowed 100 times from a library, and the PLR rate is $1 per loan, then the author would receive $100 in PLR payments.
Explanation: This example illustrates how PLR works in practice. The author is compensated for their work even though the book is being borrowed for free from a library. This helps to support and encourage the creation of new books and literature.