Licensing Meaning: Definition, Examples, and Translations
📝
licensing
[ˈlaɪsən.sɪŋ ]
Definition
legal authorization
Licensing refers to the process of granting permission to use a particular product or service under specific conditions set by the licensor. It often involves legal agreements that outline rights, limitations, and obligations regarding the use of intellectual property, software, or other assets.
Synonyms
approval, authorization, certification, permission.
Examples of usage
- The company is seeking licensing for their new software.
- They have obtained licensing for the use of the brand logo.
- Licensing agreements protect the rights of the creator.
- The licensing of the technology allowed for widespread adoption.
Translations
To see the translation, please select a language from the options available.
Origin of 'licensing'
The word 'licensing' originates from the verb 'license', which is derived from the Latin word 'licentia', meaning 'freedom' or 'permission'. The term evolved through Middle English as 'licens', and by the late 14th century, it began to be used in the sense of giving permission or authority to do something. The modern noun form 'licensing' became widely accepted in legal and business contexts, particularly with the rise of intellectual property rights in the 20th century. Today, licensing plays a crucial role in various industries, facilitating the use of inventions, brands, and creative works while establishing ownership and rights.