English version


From Longman Business Dictionarylicensorli‧cen‧sor /ˈlaɪsənsəˌlaɪsənˈsɔːr/ (also licenser /-sənsə-ər/ British English) noun [countable]LAW1someone who gives official permission to someone to do somethingThe general licensor has unlimited time within which to issue a license.2an 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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