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Definitions from the Web

Licensors

Licensors is a noun that refers to the individuals or entities who grant licenses to others to use their intellectual property, such as artwork, music, software, or trademarks.

Examples:

• The licensors of the renowned comic book series recently agreed to grant a license for a film adaptation.
• Many software companies act as licensors, allowing others to use their programs by paying a licensing fee.

In the legal context, licensors are the parties who possess the authority to license their intellectual property to licensees. They have the right to set the conditions and terms of use for their creations or inventions.

Example:

• The licensors carefully review and negotiate the terms of the licensing agreement with potential licensees.

On a local level, licensors can also pertain to local authorities who grant licenses or permits for certain activities within a specific region or jurisdiction. These licenses can range from business permits to operating licenses for specific professions.

Example:

• The local licensors are responsible for issuing permits to food vendors who wish to set up stalls at the annual fair.

Related Products: Art Licensing, Music Licensing, Software Licensing, Trademark Licensing