Meaning of “licensing” in the English Dictionary

Business
Contents

"licensing" in Business English

See all translations

licensingnoun [ U ]

uk ​ /ˈlaɪsənsɪŋ/ us ​

› LAW, GOVERNMENT the process of giving or getting official permission to do something:

He advocates mandatory licensing and background checks for the private ambulance sector.
The system is not subject to state licensing.

› LAW, COMMERCE, IT the process of giving or getting permission to have, produce, or use something that another person or company has created or owns:

This market represents a growth area for the company, both in terms of new products and product licensing.
Microsoft's licensing rules allow corporations' units in different countries to share licences.
Last year they signed a licensing agreement with the US government.

(Definition of “licensing” from the Cambridge Business English Dictionary © Cambridge University Press)

What is the pronunciation of licensing?
Browse