Foreign rights is the granting to a foreign publisher legal licensing rights to translate (or reprint
in English
in English - speaking
countries such as Australia, New Zealand, United Kingdom, and India), publish and sell a «work» (book content)
in its
country in specific formats (printed book, e-book, audio, video, book club, etc.) for compensation
in the form
of royalties and an advance payment thereof for a
specific period of time.