licensing

[ˈlaɪsnsɪŋ]

licensing Definition

  • 1the granting of permission to use or do something that is subject to legal or intellectual property rights
  • 2the process of obtaining such permission

Using licensing: Examples

Take a moment to familiarize yourself with how "licensing" can be used in various situations through the following examples!

  • Example

    The licensing of software is a common practice in the tech industry.

  • Example

    He applied for a licensing exam to become a certified electrician.

  • Example

    The company charges a fee for licensing their patented technology.

  • Example

    The artist's licensing agreement with the record label allowed them to distribute her music.

licensing Synonyms and Antonyms

Synonyms for licensing

Phrases with licensing

  • driver's license

    an official document that permits a person to operate a motor vehicle

    Example

    Before you can drive, you need to obtain a driver's license.

  • a legal agreement that allows a user to use a software program under certain conditions

    Example

    The company offers different types of software licensing for their products.

  • a legal agreement that allows a company or individual to use a patented invention in exchange for payment or other compensation

    Example

    The startup was able to generate revenue through patent licensing agreements with larger companies.

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Summary: licensing in Brief

Licensing [ˈlaɪsnsɪŋ] refers to the granting of permission to use or do something that is subject to legal or intellectual property rights. It includes obtaining permission and the process of doing so. Examples include driver's licenses, software licensing, and patent licensing agreements.