Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “licence fee”

licence fee

noun [C]
 
 
UK ( US license fee, also licensing fee)
LAW, COMMERCE an amount of money that you pay a company or organization to give you permission to use, do, or have something: A pharmaceutical company paid a licence fee of $1m for the drug.
COMMUNICATIONS in the UK, money that people pay each year to be able to use BBC television and radio, that is used to pay for the BBC rather than using advertising: The corporation's funding from the licence fee will come under government scrutiny.
(Definition of licence fee from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of licence fee?
Add Cambridge dictionaries to your browser to your website

Word of the Day

piglet

a baby pig

Word of the Day

I won’t tolerate it! Replacing formal words with phrasal verbs.

by Liz Walter,
April 01, 2015
When you are using a language, it is important to understand if a word is formal or informal, so that you can use it in an appropriate way. You might hear people saying dosh for money, or spud for potato, but they wouldn’t write those words in a formal essay. Similarly, a

Read More 

stackin’ p

March 30, 2015
idiom slang earning a lot of money ‘That’s a very generous present.”Yeah, well, she’s stackin’ p, innit?’

Read More