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sublicense

Syllabification: sub·li·cense
Pronunciation: /ˌsəbˈlīsəns
 
/

Definition of sublicense in English:

noun

A license granted to a third party by a licensee, extending some rights or privileges that the licensee enjoys.
Example sentences
  • Schering has been granted a world-wide exclusive license with the right to grant sublicenses.
  • I can't afford to give away irrevocable, royalty-free licenses and sublicenses to anyone!
  • Under the agreement with NYU, Pharmacia & Upjohn has obtained an exclusive worldwide license to the technology with the right to sublicense and commercialize resulting products.

verb

[with object] Back to top  
Grant a sublicense to or for.
Example sentences
  • Adopters aren't allowed to sublicense the technology - it's a ‘nontransferable, non-sublicenseable’ specification, which makes it a non-starter for free or open source developers.
  • The company retains the right to practice its licensed antisense patent technologies and to sublicense it to collaborators.
  • All Products are sublicensed to you and not sold, notwithstanding the use of the terms ‘sell,’ ‘purchase,’ ‘order,’ or ‘buy’ on the Service or in this Agreement.’

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