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license |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The university granted exclusive license to Monsanto to integrate this trait into high-yielding commercial crop lines. GM), Detroit, and Hormel Foods Specialty Products, Austin, Minnesota, have reached an agreement on the patent for GMBond that provides Hormel a worldwide, exclusive license without royalty payments to GM. has an exclusive license to build the patented Sesame Nanomolding machine developed by Murray, Inc. |
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