20:55
MIAMI A
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
public-lending right
Read a random definition: fixed-income security
A quick definition of public-lending right:
Public-Lending Right: A rule in some countries, like the UK, that says authors should get paid when their books are borrowed from a public library. This is called a royalty.
A more thorough explanation:
Public-Lending Right (PLR) is a legal right that gives authors a royalty for their works that are borrowed from public libraries. This right is applicable in the United Kingdom and some other countries.
For instance, if a book written by an author is borrowed from a public library, the author is entitled to receive a payment for the book's use. This payment is made by the government to the author as compensation for the loss of potential sales.
Another example is if a musician's album is borrowed from a public library, the musician is entitled to receive a payment for the album's use. This payment is made by the government to the musician as compensation for the loss of potential sales.
These examples illustrate how the Public-Lending Right works. It ensures that authors and musicians are compensated for their works that are borrowed from public libraries, which helps to support their livelihoods.