licensing
n.-
1 official permission (n.) B2 Upper Intermediate Formal Lawthe act of giving or getting official permission to do something.
the formal granting of a license or legal authority to perform a specific action or operate a business.
ExampleThe licensing of new drivers is handled by a government office.
ExampleThe strict licensing of pharmaceutical exports ensures that all distributed medications meet international safety standards.
UsageOften used as an uncountable noun when referring to the general process.
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2 intellectual property (n.) C1 Advanced Technical Lawallowing another person or company to use your work, like music or software, for a fee.
the granting of rights to use intellectual property under specific contractual terms.
ExampleThe band made more money from song licensing than from selling albums.
ExampleThe software company revised its licensing agreement to include a subscription-based model for corporate clients.
UsageCommonly used in business contexts regarding software, music, and patents.
- franchising
- copyrighting
Last updated June 20, 2026