See Also: License agreement(money)
License agreement(finance)
License(medicine)
license(dictionary)
license(dictionary)
driver's license(dictionary)
Non-exclusive License(law)
Exclusive License(law)
Export License(finance)
license plate(dictionary)

License agreement (finance)


A contract by which a domestic company (the licensor) allows a foreign company (the licensee) to market its products in a foreign country in return for royalties, fees, or other forms of compensation.