licensing agreement

1. 1.

   contract giving someone the legal right to use a patent or trademark

   Broadercontract

Questions about licensing agreement

What does licensing agreement mean?

licensing agreement means "contract giving someone the legal right to use a patent or trademark".

Is licensing agreement a common word?

licensing agreement is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.