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license
(redirected from licensable)

   Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia 0.01 sec.
license

An authorization for a particular person or entity to do some act on the land or property of another. Licenses are revocable at will, grant no exclusivity, and are not assignable.The one who receives the license is the licensee;the one who grants it is the licensor.



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Specifically, Navy ORTAs identified a desire for a Service-wide system that would help them manage and market their licensable technologies.
This agreement underscores our extensive work in making StarCore's leading-edge, licensable processor technology the most easily adoptable solution.
Technologies such as networking systems, broadband communications, chemical processes, computer technology, medical devices and electronics, among others, are all areas in which licensable properties can be purchased from online technology exchanges.
 
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