1. The sale of a license authorizing another to use something (such as computer software) protected by copyright, patent, or trademark. [Cases: Copyrights and Intellectual Property 48; Patents 206; Trade Regulation 108. C.J.S. Copyrights and Intellectual Property §§ 27, 29, 33–34, 93; Patents § 342; Trade-Marks, Trade-Names, and Unfair Competition§§ 209–212.]
2. A governmental body’s process of issuing a license. — Also termed (in sense 2) licensure. [Cases: Licenses
1. C.J.S. Architects § 8; Licenses §§ 2–4.]