Licensing Fee

Licensing Fee

Type: noun

Pronunciation: /lie-sens-in-fee/

Also spelled or known as: License Fee

Plural: Licensing Fees

Related: Licensing

What does Licensing Fee mean? A payment made in exchange for permission to use intellectual property.

Licensing Fees are commonly paid for music synchronization, recordings, trademarks, software, and other protected assets.

Licensing Fee synonyms: License Fee, Usage Fee, Permission Fee

Example sentence: “The accounting team has handled the licensing fee.”

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