licensing JUST WRITTEN FOR YOU
/ˈlɪsənsɪŋ/ · licen·sing
verb
- To give a formal (usually written) authorization. The software company decided to license its product under an open-source license.
- Authorize officially. She is licensed to practice medicine in multiple states.
noun
- A giving of license to do something; sanction. The government gave its licensing to the new business venture.
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Did you know? The term 'licensing' is often used in the context of intellectual property, where creators grant permission for others to use their work in exchange for royalties or other compensation.