noun
- The grant by the owner of intangible or intellectual
property, such as a trademark or software program, of the rights to make
certain uses of the property.
-
A permission granted by government to perform an act or service regulated by
law (for example, a license to fish or to practice law).
- A right
to enter onto land or property and use
it, without any ownership rights being conferred.
bare license
A license under which no property is exchanged, and the licensee
receives the right to not be treated as a trespasser. Same as
social guest,
or a hotel guest .
exclusive license
A right to carry on an activity to the exclusion of all others.