Entry 4 senses · 2 variants Webster, 1913 Realty /(-ty̆)/ · Re·al·ty · IPA /ˈɹiəlti/ n. n. 01 n. Royalty. 1. Royalty.[Obs.] 2. Loyalty; faithfulness.[R.] 02 n. Reality. 1. Reality.[Obs.] 2. Immobility, or the fixed, permanent nature of real property; as, chattels which savor of the realty; -- so written in legal language for reality.(Law)