Definition of Licensee:
A licensee is any business, organization, or individual that has been granted legal permission by another entity to engage in an activity. The permission, or license, can be given on an express or implied basis.
A person or business that holds an approved license to conduct an activity, such as operate a business.
The holder of a license.
A licensee has received legal permission from another party to conduct some sort of business over which the other party holds some control, ownership, or authority. The licensee may pay outright for this permission, known as a licensing fee, or may make payments based on the results of the business arrangement, known as licensing revenue.
How to use Licensee in a sentence?
- A licensee is a business, entity, or individual that has legal permission to conduct activities using something that another party owns or controls.
- The police officer returned the drivers license to the licensee before continuing on his way and warned him to slow down.
- You need to try and make sure you have a good working relationship with the licensee so things will go smoothly.
- Business examples of licensee arrangements include franchises, brand licenses, and government licenses.
- The plaintiff, who was on the defendants land as a licensee, was injured by the negligent shunting of railway trucks.
- I was the licensee , and that meant that I was about to hit the road for the first time in my car.
- The licensee may pay the licensor for the permission, or share revenue arising from activities arising from the permission.
Meaning of Licensee & Licensee Definition