cross–license

cross–license
cross–license vt -censed, -cens·ing: to license (a patent or invention) to another to use in return for a similar license
cross–licensed its patents with a Japanese company

Merriam-Webster’s Dictionary of Law. . 1996.

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  • cross license — noun Etymology: cross license : a license that is granted by a patent holder to another (as a competitor) who reciprocates with a similar license and that is designed to control the marketing of the products involved or to further their… …   Useful english dictionary

  • cross-license — ˈ ̷ ̷| ̷ ̷ ̷ ̷ verb Etymology: cross (V) + license (v.) transitive verb : to give a license to another to use (a patent or invention) in return for a similar license intransitive verb : to practice cross licensing …   Useful english dictionary

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