### Question
What does accrued royalties mean?


### Answer
**Accrued royalties** has the following meaning in *17 U.S.C. § 115*:

> royalties accrued for the reproduction or distribution of a musical work (or share thereof) in a covered activity, calculated in accordance with the applicable royalty rate under this section

#### Citation:
  - *17 U.S.C. § 115*
  - Heading: **CHAPTER 1-SUBJECT MATTER AND SCOPE OF COPYRIGHT**

