Definition, Meaning & Synonyms
licensing
noun
/ˈlaɪ.sən.sɪŋ/
Definition
The act of granting permission or authorization to use something, typically involving a legal agreement.
Examples
- The software company is offering licensing options for its new program.
- After obtaining the necessary licensing, the studio could begin filming.
- Licensing restrictions can limit the distribution of certain products.
Meaning
Licensing refers to the process where one party allows another party to use their property, usually intellectual property, under specific conditions.
Synonyms
- authorization
- permit
- certification
- permission
- franchise
