licensors
Rights holders authorizing
Licensors are parties who grant licenses—legal permissions to use property, intellectual or otherwise.
A software company is the licensor when it allows users to run its programs.
A patent holder becomes a licensor when permitting others to manufacture an invention.
The term appears most often in contracts and legal documents: The licensor retains all rights not expressly granted.
Licensed business operation
- royaltiesOngoing payments to creators
- feesCosts for services
- revenueBusiness income total
- distributionAllocation across recipients
branding · merchandising · corporations · partnerships · agreements · trademarks · patents · commerce
Legal rights over inventions
- copyrightExclusive reproduction rights
- patentObvious; inventor's monopoly
- trademarkRegistered commercial identifier
- royaltyPayment for usage rights
infringement · contract · exclusivity · ownership · renewal · termination · sublicense · assignment
Adhering to requirements
- standardsAccepted levels of quality
- enforcementCompelling compliance with rules
- rulesPrinciples governing behavior
- guidelinesSuggested rules for behavior
policies · protocols · monitoring · auditing · restrictions · requirements · procedures · accountability
franchise
Licensed business operation
distribution · branding · merchandising · corporations · partnerships · agreements · trademarks · patents · commerce · marketplace
intellectual property
Legal rights over inventions
- copyrightExclusive reproduction rights
- patentObvious; inventor's monopoly
- trademarkRegistered commercial identifier
royalty · infringement · contract · exclusivity · ownership · renewal · termination · sublicense · assignment · fair use
compliance
Adhering to requirements
- standardsAccepted levels of quality
- enforcementCompelling compliance with rules
- rulesPrinciples governing behavior
guidelines · policies · protocols · monitoring · auditing · restrictions · requirements · procedures · accountability · inspection
grant
Bestow or award money
- authorizeGrant formal permission
- approveFormally accept or authorize
- permitOfficial written authorization
empower · entitle · sanction · consent · accredit · certify · validate · control · oversight · governance
- rights holderscopyright holders, patent holders, creators, authors, inventors
- entitiesentity, being, object, thing, item
- ownershomeowner, homeowners, landowner, landlords, business owner
licensorslicensees
Those granted formal authorization
franchisees · sublicensees · grantees · lessees · consumers