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What are residuals?

What are residuals? Here are some definitions.

Noun
  1. plural of residual
  2. The payments made to performers, writers and directors when a recorded broadcast is repeated.
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Examples
The danger with installing many programs and then uninstalling is that some residuals often remain behind.
Outstanding issues include improved residuals for film and television productions and repeat fees for TV productions.
Search the internet for the residuals on the BMW and you will find they are fairly high.
There are artist's residuals, external commercial content, and international rights to consider.
I definitely agree actors should receive residuals for appearing in movies and television series as these have multiple lives.
There are, in general, three possibilities regarding the functional significance of signal residuals.

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