Licensing
Type: noun
Pronunciation: /lie-sen-sing/
Also spelled or known as: Rights Licensing
Related: License, License Fee, Licensing Fee
What does Licensing mean? The process of granting permission to use intellectual property.
Licensing allows creators and owners to authorize others to use protected works under agreed terms.
Licensing synonyms: Rights Licensing, Permission Granting, Rights Authorization
Example sentence: “Licensing generated significant revenue for the catalog.”
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