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Understanding a Licensing Agreement It is important to remember that: The party that is providing intellectual property rights to another party is called the licensor. The party that is receiving intellectual property rights from another party is called the licensee.
The licensee is the party that receives a license, while the licensor is the party that grants the license. For instance, when a bar owner gets a liquor license from the state where he operates his business, the owner is the licensee and the government that issued the license is the licensor.
licensee | Business English a person or organization who has official permission to make, do, or own something: No one but a manufacturer or its licensee can legally import a drug into the United States.
A licensee has received legal permission from another party to conduct some sort of business over which the other party holds some control, ownership, or authority. 1. The licensee may pay outright for this permission, by what is known as a licensing fee.
Definitions of licenser. an official who can issue a license or give authoritative permission (especially one who licenses publications)
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