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licensing

licensing

26 3.4
Permission from a company to use its brand or product for payment
  • noun
  • /ˈlaɪsən̩sɪŋ/
  • Specialized
translation icon : licenciamiento
  • In 1980, U.S. companies gained less than three billion dollars in revenues from licensing patents.
  • licensing agreement
  • patent licensing
  • licensing fees

So film, TV licensing is where the real money comes.

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Examples

  • In 1988, the Seychelles collected $7 million in licensing fees and transshipment charges.

    Academic text (1990)
  • Are there patent and licensing issues that must be resolved?

    Academic text (2008)
  • We have the licensing agreement and we can put all these brands.

  • That was a landmark licensing deal, right?

  • The problem's due to licensing agreements.

  • I just sold our merchandising and licensing rights for 800 large.

  • E-books were a hot topic, gaining in popularity despite licensing and platform issues.

    Academic text (2012)
  • Well, so a licensing deal is that we're paying a royalty to SpongeBob for using their intellectual property in our designs.

  • A decade later, activities such as the assignment of intellectual property, patenting, and licensing were sanctioned through a new university policy.

    Academic text (2016)
  • Companies often negotiate licensing agreements to use popular trademarks in their products.

Antonyms

17 5.3

Using someone else's work without permission, for example copying music or books

Compounds

licensing fee
  • Formal
5 3.4

A payment to a government or other official group for permission to do an activity

3 4.2

A contract that lets someone use another person's invention, brand, or creative work

How Exclusive

exclusivity
  • Specialized
14 7.2
assignment
  • Formal
11 5.3
licensing
  • Specialized
26 3.4
fair use
  • Specialized
12 3.9

Surface Forms

licensing singular
licensings plural

Morphology

licensing = license (semi-transparent) = license + ing

The form is fully regular, but the business/commerce sense is a specialized extension of the basic idea of granting permission.

Etymology

Licensing comes from an old Latin verb licere, meaning 'to be allowed'. In business, licensing is giving another company 'permission' to use a brand, design, or idea, usually for money.