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license definition - legal

n

  1. The grant by the owner of intangible or intellectual property, such as a trademark or software program, of the rights to make certain uses of the property.
  2. A permission granted by government to perform an act or service regulated by law (for example, a license to fish or to practice law).
  3. A right to enter onto land or property and use it, without any ownership rights being conferred.
bare license
A license under which no property is exchanged, and the licensee receives the right to not be treated as a trespasser. Same as social guest, or a hotel guest .
exclusive license
A right to carry on an activity to the exclusion of all others.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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