from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. contract giving someone the legal right to use a patent or trademark
Sorry, no etymologies found.
Unilever had a licensing agreement with La Corona to market two of Unilever’s soaps locally Lux and Rexons, and some industry sources had speculated that Unilever would eventually buy La Corona, which was also competitive in two significant traditional Unilever products.
But with the creation of Embraer, the government decided to allow the state-owned enterprise to assemble and test the Aermacchi jets, and it persuaded Aermacchi to enter into a licensing agreement with Embraer in 1970.