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A royal yacht is a ship used by a monarch or a royal family. If the monarch is an emperor the proper term is imperial yacht. Most of them are financed by the government of the country of which the monarch is head. The royal yacht is most often crewed by personnel from the navy and used by the monarch and their family on both private and official travels.
Some royal yachts have been small vessels only used for short trips on rivers or in calm waters, but others have been large seaworthy ships.