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droit de suite
/ drwad sɥit /
noun
- a right recognized by the legislation of several member countries of the European Union whereby an artist, or his or her heirs, is entitled to a share of the price of a work of art if it is resold during the artist's lifetime or for 70 years after his or her death
Word History and Origins
Origin of droit de suite1
Example Sentences
The state law stemmed from droit de suite, the French concept of offering artists compensation for future sales.
Representative Jerrold Nadler, Democrat of New York, championed unsuccessful bills for federal droit de suite laws in 2011, 2014 and 2015.
In France, a study of droit de suite demonstrated that around 70 percent of royalty payments went to famous artists like Picasso.
In an email statement, its president, Theodore Feder, said the group was still hopeful that a federal droit de suite law might be implemented to “enable artists to participate in the ongoing economic exploitation of their works in our country.”
“It could be positive,” said Ms. Montagu, suggesting that Britain could try to attract sellers by charging lower rates of tax on artworks imported into Britain as well as abandoning the “droit de suite” royalties to artists and heirs levied by the European Union on sales of contemporary art.
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