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license
(redirected from licensable)

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Idioms, Wikipedia 0.04 sec.
license, in public law, permission by legal authority to engage in certain acts and also the document showing such permission. Some licenses are required for the protection of the public; they assure professional competence (e.g., physicians) or moral fitness (e.g., tavern keepers). Others are designed primarily to raise revenue or to keep a registry (e.g., automobile licenses). It is a crime to engage in a licensed activity without having first procured a license. In property law, a license is a right that the owner grants some other party to make use of his land. Such licenses are revocable at will if they are not part of a contract. They are personal and hence may not be sold; they expire on the death of the grantee. A license to cross another's land is an easement easement, in law, the right to use the land of another for a specified purpose, as distinguished from the right to possess that land. If the easement benefits the holder personally and is not associated with any land he owns, it is an easement in gross (e.g.
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 in gross. In patent patent, in law, governmental grant of some privilege, property, or authority. Today patent refers to the granting to the inventor of a useful product or process the privilege to exclude others from making that invention.
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 law, a license is a written authority granted by the owner of a patent to another person, empowering the latter to make or use the patented article for a limited period or in a limited territory.
licence (US), license
a certificate, tag, document, etc., giving official permission to do something


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Specifically, Navy ORTAs identified a desire for a Service-wide system that would help them manage and market their licensable technologies.
This agreement underscores our extensive work in making StarCore's leading-edge, licensable processor technology the most easily adoptable solution.
Technologies such as networking systems, broadband communications, chemical processes, computer technology, medical devices and electronics, among others, are all areas in which licensable properties can be purchased from online technology exchanges.
 
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