noun
- the practice of granting a license to a third party by someone who has already been licensed by the original licensor
Usage: legal; business
Examples
- The software company’s sublicensing agreement allowed distributors to sell the product in specific regions.
- Patent sublicensing can create complex legal relationships between multiple parties.
- The music label restricted sublicensing of their artists’ songs to streaming platforms.
- Franchise sublicensing enables master franchisees to grant rights to local operators.
- The technology transfer included provisions for sublicensing to qualified manufacturers.
- Careful contract review is essential before entering any sublicensing arrangement.