Licensing Fees
Type: noun
Pronunciation: /lie-sen-sing-feez/
Also spelled or known as: License Payments
Singular: Licensing Fee
Related: License Fee, License, Licensing
What does Licensing Fees mean? Payments made in exchange for permission to use intellectual property.
Licensing Fees compensate rightsholders for authorized use of protected works.
Licensing Fees synonyms: License Payments, Usage Fees, Rights Fees
Example sentence: “The campaign budget included licensing fees.”
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