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To grant license or licence is to give permission. License may be granted by a party ("licensor") to another party ("licensee") as an element of an agreement between those parties.
Occupational Obtaining a license is required of a number of occupations and professions where maintenance of standards is required to protect public safety, for example physicians, psychologists, and electricians are often licensed by the government or professional societies. Intellectual Property A licensor may grant license under "intellectual property" to do something (such as copy software or use a patented invention) without fear of a claim of intellectual property infringement brought by the licensor. A license under intellectual property commonly has several component parts, including a term, territory, renewal, as well as other limitations deemed vital to the licensor. Term: many licenses are valid for a particular length of time. This protects the licensor should the value of the license increase, or market conditions change. Territory: a license may stipulate what territory the rights pertain to. For example, a license with a territory limited to "North America" would not permit a licensee any protection for actions in Japan. Mass Licensing of Software Mass distributed software is used by individuals on personal computers under license from the developer of that software. Such license is typically included in a more extensive end-user license agreement (EULA) entered into upon the installation of that software on a computer. Under a typical end-user license agreement, the user may install the software on a limited number of computers. The enforceability of end-user license agreements is sometimes questioned. Trademark and Brand Licensing A licensor may grant permission to a licensee to distribute products under a trademark. With such a license, the licensee may use the trademark without fear of a claim of trademark infringement by the licensor. Artwork and Character Licensing A licensor may grant a permission to a licensee to copy and distribute copyrighted works such as "art" (e.g., Thomas Kincaid's painting "Dawn in Los Gatos") and characters (e.g., Mickey Mouse). With such license, a licensee need not fear a claim of copyright infringement brought by the licensor. Academia
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