26984 words

licensing

3 definitions • 8 examples
1
the act of giving people official permission to do, have, or sell something:

Examples:

In many countries, licensing is used as a method of deciding who should sell what.
The licensing agreement allows Davy to sell the system overseas.
The vehicle licencing authorities were well aware that Mr Collett held a coach driver's licence.
2
the process of giving or getting official permission to do something:

Examples:

The system is not subject to state licensing.
3
the process of giving or getting permission to have, produce, or use something that another person or company has created or owns:

Examples:

This market represents a growth area for the company, both in terms of new products and product licensing.
Microsoft's licensing rules allow corporations' units in different countries to share licences.
Last year they signed a licensing agreement with the US government.

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