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cross-license

Syllabification: cross-li·cense

Definition of cross-license in English:

verb

[with object]
Give one party a license to use (patented or copyright material) in return for a similar license: the two companies have agreed to cross-license their intellectual property
More example sentences
  • Instead, the two companies have agreed to cross-license their intellectual property.
  • Additionally, a 10-year cross licensing agreement for patents was signed.
  • The duo are to cross-license their technology for five years.

adjective

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Involving or effected by cross-licensing: a ten-year patent cross-license agreement

Definition of cross-license in:

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