licensing fee

Use-rights payment required

A licensing fee is a payment for permission to use something owned or controlled by another party—intellectual property, software, a brand name, or a regulated activity.

Businesses pay licensing fees to use patented technology or trademarked characters.

Governments charge licensing fees for permits to operate: The restaurant's annual licensing fee covers health inspections.

Also called a license fee.

intellectual property

patent

Obvious; inventor's monopoly

intellectual property · brand · proprietary · exclusive rights · infringement · protected · registered · portfolio

payment

royalty

Payment for usage rights

payment · proceeds · percentage · residuals · annuity · installment · one-time · recurring · upfront · flat-rate

legal

agreement

Shared position between parties

  • contractEnforceable written agreement
  • termsConditions of an agreement
  • clauseProvision in agreement

compliance · obligation · binding · provision · stipulation · enforcement · jurisdiction · amendment · renewal · expiry

business

franchise

Licensed business operation

commercialization · monetization · marketplace · enterprise · startup · distribution · territory · exclusivity · vendor · manufacturer

authorization

permit

Official written authorization

accreditation · endorsement · grant · charter · access · entitlement · exemption · waiver · registration

Categories
Opposites
acquisition model

licensing feepurchase price

Money paid for acquisition

one-time purchase · full ownership · ownership · buyout · acquisition cost

cost vs free access

licensing feefree license

Unlimited permission to act

public domain · free access · gratis · no charge · open source

Family

license, licensed, unlicensed, licensing, licenses, licensee, licensees, licensable, licensing fees

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G