Complex Financial Structures
Licensing is a legal agreement that allows one party to use, produce, or sell another party's intellectual property, such as trademarks, patents, or copyrighted materials, under specified conditions. This agreement provides the licensee with the rights to utilize the intellectual property while ensuring that the licensor retains ownership and control over it. Licensing is crucial in managing and monetizing intangible assets, enabling businesses to generate revenue and expand their market reach without relinquishing ownership of their valuable assets.
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