License Agreement
/ˈlaɪsəns əˌɡriˈmɛnt/
Definitions
- (n.) A contract whereby the licensor grants the licensee permission to use property, typically intellectual property, under defined conditions.
The software company and the developer signed a license agreement to authorize use of the code.
- (n.) An agreement granting rights to engage in an activity otherwise restricted by law or regulation.
The broadcasting company obtained a license agreement to operate on the assigned frequency.
Forms
- license agreements
Related terms
See also
Commentary
Commonly used in intellectual property contexts; clarity on scope and duration is essential in drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.