Licensing


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Related to Licensing: Software licensing

Licensing

Arrangement in which a local firm in the host country produces goods in accordance with another firm's (the licensing firm's>) specifications; as the goods are sold, the local firm can retain part of the earnings.
References in periodicals archive ?
He said licensing fees enable city officials to control illegal street vendors and other illegitimate business that competes with legitimate local businesses.
Aside from the various state licensing requirements, many municipalities also require some form of business registration and impose administrative or criminal penalties for noncompliance.
D-Trade is the first entirely paperless, most user-friendly and security-sensitive defense technology export licensing system ever created.
The new royalties and licensing terms will be posted on the Microsoft Communications Protocol Program (MCPP) website and are effective immediately.
In 1997, MIT launched the Software Licensing Discovery Project, which looked at existing practices for acquiring software licenses, found the gaps in those processes, and proposed improvements for the future.
It had been written as an act to amend the Real Property Law in relation to the licensing of realty managers and residential realty managers.
The system would head off the creation of a national licensing board outlined in the new Gramm-Leach-Bliley financial-services law.