LICENSING Meaning and
Definition
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Licensing refers to the legal process through which a person or business obtains permission or authorization from the relevant authority to engage in a particular activity, use a specific intellectual property, or obtain specific rights. This process typically involves the granting of a license, which is a formal agreement outlining the terms and conditions under which the licensee can use the licensed property or rights.
In the context of businesses, licensing can involve obtaining permits or certifications required to operate legally, such as a liquor license for a bar or a food handling license for a restaurant. Licensing may also pertain to the act of granting others the right to use copyrighted or patented material, under specific conditions and for a predetermined period, in exchange for compensation or royalties.
In the field of intellectual property, licensing refers to the act of giving permission to others to use trademarks, copyrights, patents, or trade secrets owned by an individual or organization, allowing them to use, modify, distribute, or reproduce the protected material. Licensing agreements in such cases can be complex and often involve negotiations regarding usage terms, territories, duration, and financial arrangements.
Overall, licensing ensures that individuals and businesses operate within the bounds of the law, protect intellectual property rights, and enables the authorized use of various resources, thereby maintaining a fair and regulated system that benefits both licensor and licensee.
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Granting a license to; that gives power or authority to sell alcoholic liquors.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Top Common Misspellings for LICENSING *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for LICENSING
Etymology of LICENSING
The word "licensing" derives from the verb "license", which originated from the Old French word "licence" around the 14th century. In turn, "licence" was derived from the Latin word "licentia", meaning "freedom, liberty, or permission". Over time, "license" evolved to refer to the act of giving permission or authority to do something legally. Therefore, "licensing" ultimately refers to the process of granting or obtaining permission or authority for a specific action or operation, often related to the legal use or distribution of something, such as intellectual property or a product.
Similar spelling words for LICENSING
Conjugate verb Licensing
CONDITIONAL
I
would license
we
would license
you
would license
he/she/it
would license
they
would license
FUTURE
I
will license
we
will license
you
will license
he/she/it
will license
they
will license
FUTURE PERFECT
I
will have licensed
we
will have licensed
you
will have licensed
he/she/it
will have licensed
they
will have licensed
PAST
I
licensed
we
licensed
you
licensed
he/she/it
licensed
they
licensed
PAST PERFECT
I
had licensed
we
had licensed
you
had licensed
he/she/it
had licensed
they
had licensed
PRESENT
I
license
we
license
you
license
he/she/it
licenses
they
license
PRESENT PERFECT
I
have licensed
we
have licensed
you
have licensed
he/she/it
has licensed
they
have licensed
I
am licensing
we
are licensing
you
are licensing
he/she/it
is licensing
they
are licensing
I
was licensing
we
were licensing
you
were licensing
he/she/it
was licensing
they
were licensing
I
will be licensing
we
will be licensing
you
will be licensing
he/she/it
will be licensing
they
will be licensing
I
have been licensing
we
have been licensing
you
have been licensing
he/she/it
has been licensing
they
have been licensing
I
had been licensing
we
had been licensing
you
had been licensing
he/she/it
had been licensing
they
had been licensing
I
will have been licensing
we
will have been licensing
you
will have been licensing
he/she/it
will have been licensing
they
will have been licensing
I
would have licensed
we
would have licensed
you
would have licensed
he/she/it
would have licensed
they
would have licensed
I
would be licensing
we
would be licensing
you
would be licensing
he/she/it
would be licensing
they
would be licensing
I
would have been licensing
we
would have been licensing
you
would have been licensing
he/she/it
would have been licensing
they
would have been licensing
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