earn out

earn out
 v. phr.— «Consider the advance system, whereby a publisher pays an author a nonreturnable up-front fee for a book. If the book doesn’t “earn out,” in the industry parlance, the publisher simply eats the cost.» —“Books Gone Wild: The Digital Age Reshapes Literature” by Lev Grossman Time Jan. 21, 2009. (source: Double-Tongued Dictionary)

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Further reading

What Is So Humane About a Doctor of Humane Letters?

Kate in Omaha, Nebraska, wonders about the expression Doctor of Humane Letters, an honorary degree conferred by Creighton University. The words humane and letters in this case mean something slightly different from their modern meanings. The older...