Licensing Agreement

AAA

DEFINITION of 'Licensing Agreement'

This term refers to a written agreement entered into by the contractual owner of a property or activity giving permission to another to use that property or engage in an activity in relation to that property. The property involved in a licensing agreement can be real, personal or intellectual. Almost always, there will be some consideration exchanged between the licensor and the licensee.

INVESTOPEDIA EXPLAINS 'Licensing Agreement'

Licensing agreements can be an intangible but valuable asset in industries such as technology, biotechnology and publishing. These agreements are a large part of intellectual property law, particularly in terms of enforcement of copyrights, trademarks and patents.

RELATED TERMS
  1. Patent

    A government license that gives the holder exclusive rights to ...
  2. Royalty

    A payment to an owner for the use of property, especially patents, ...
  3. Trademark

    A symbol, word, phrase, logo, or combination of these that legally ...
  4. Proprietary Technology

    A process, tool, system or similar item that is the property ...
  5. Franchise

    A type of license that a party (franchisee) acquires to allow ...
  6. Copyright Infringement

    The use or production of copyright protected material without ...
Related Articles
  1. Using The Price-To-Book Ratio To Evaluate ...
    Forex Education

    Using The Price-To-Book Ratio To Evaluate ...

  2. Is Buying A Franchise Wise?
    Entrepreneurship

    Is Buying A Franchise Wise?

  3. Intangible Assets Provide Real Value ...
    Markets

    Intangible Assets Provide Real Value ...

  4. Easy Ways To Cut Rental Costs
    Options & Futures

    Easy Ways To Cut Rental Costs

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center