- licensor
- licensor li‧cen‧sor [ˈlaɪsnsə ǁ ˌlaɪsnˈsɔːr] also li‧cens‧er [-snsə ǁ -ər] BrE noun [countable] LAW1. someone who gives official permission to someone to do something:
• The general licensor has unlimited time within which to issue a license.
2. an organization that gives permission to another organization to make or sell something to which it holds the patent (= the legal right to make or sell a new product ) :• Competition rules protect the licenser as well as the licensee.
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licensor UK US /ˈlaɪsənsər/ noun [C] (also licenser)► LAW, COMMERCE, IT a person or organization who gives another person or organization official permission to make, do, or own something: »The company is a leading producer and licensor of television game shows.
Financial and business terms. 2012.