Contract vs License - What's the difference?
contract | license |
An agreement between two or more parties, to perform a specific job or work order, often temporary or of fixed duration and usually governed by a written agreement.
* {{quote-magazine, date=2013-08-10, volume=408, issue=8848, magazine=(The Economist), author=Lexington
, title= (legal) An agreement which the law will enforce in some way. A legally binding contract must contain at least one promise, i.e., a commitment or offer, by an offeror to and accepted by an offeree to do something in the future. A contract is thus executory rather than executed.
(legal) A part of legal studies dealing with laws and jurisdiction related to contracts.
(informal) An order, usually given to a hired assassin, to kill someone.
(bridge) The declarer's undertaking to win the number of tricks bid with a stated suit as trump.
(obsolete) Contracted; affianced; betrothed.
(obsolete) Not abstract; concrete.
* Robert Recorde, , 1557:
(ambitransitive) To draw together or nearer; to shorten, narrow, or lessen.
* Wordsworth
* Dr. H. More
(grammar) To shorten by omitting a letter or letters or by reducing two or more vowels or syllables to one.
To enter into a contract with. (rfex)
To enter into, with mutual obligations; to make a bargain or covenant for.
* Hakluyt
* Strype
To make an agreement or contract; to covenant; to agree; to bargain.
To bring on; to incur; to acquire.
* Alexander Pope
* Jonathan Swift
To gain or acquire (an illness).
* 1999 , Davidson C. Umeh, Protect Your Life: A Health Handbook for Law Enforcement Professionals (page 69)
To draw together so as to wrinkle; to knit.
* Shakespeare
To betroth; to affiance.
* Shakespeare
(label) A legal document giving official permission to do something; a permit.
(label) The legal terms under which a person is allowed to use a product, especially software.
(label) Freedom to deviate deliberately from normally applicable rules or practices (especially in behavior or speech).
(label) Excessive freedom; lack of due restraint.
* 1936 , , The Story of Civilization , page 520:
(label) An academic degree, the holder of which is called a licentiate, ranking slightly below doctorate, awarded by certain European and Latin-American universities.
The act of giving a formal (usually written) authorization.
* {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=68, magazine=(The Economist)
, title= Authorize officially.
As nouns the difference between contract and license
is that contract is an agreement between two or more parties, to perform a specific job or work order, often temporary or of fixed duration and usually governed by a written agreement while license is (label) a legal document giving official permission to do something; a permit.As verbs the difference between contract and license
is that contract is (ambitransitive) to draw together or nearer; to shorten, narrow, or lessen while license is the act of giving a formal (usually written) authorization.As an adjective contract
is (obsolete) contracted; affianced; betrothed.contract
English
(wikipedia contract)Etymology 1
From (etyl), from (etyl) contract, from (etyl) contractum, past participle of .Noun
(en noun)Keeping the mighty honest, passage=British journalists shun complete respectability, feeling a duty to be ready to savage the mighty, or rummage through their bins. Elsewhere in Europe, government contracts and subsidies ensure that press barons will only defy the mighty so far.}}
Hypernyms
* (agreement that is legally binding) agreementHyponyms
* (agreement that is legally binding) bailmentDerived terms
* contractual * fixed-term contract * contract of employmentAdjective
(-)- (Shakespeare)
- But now in eche kinde of these, there are certaine nombers named Ab?tracte'': and other called nombers ''Contracte .
Etymology 2
From (etyl), from (etyl) contracter, from (etyl) contractum, past participle of . the verb developed after the noun, and originally meant only "draw together"; the sense "make a contract with" developed later.Verb
(en verb)- The snail's body contracted into its shell.
- to contract one's sphere of action
- Years contracting to a moment.
- In all things desuetude doth contract and narrow our faculties.
- The word "cannot" is often contracted into "can't".
- We have contracted an inviolable amity, peace, and league with the aforesaid queen.
- Many persons prohibited by law.
- to contract for carrying the mail
- She contracted the habit of smoking in her teens.
- to contract a debt
- Each from each contract new strength and light.
- Such behaviour we contract by having much conversed with persons of high stature.
- An officer contracted hepatitis B and died after handling the blood-soaked clothing of a homicide victim
- Thou didst contract and purse thy brow.
- The truth is, she and I, long since contracted , / Are now so sure, that nothing can dissolve us.
Synonyms
* (lessen) abate, decrease, lessen, reduce * (shorten) shorten, shrink * catch, getAntonyms
* (lessen) increase, expand * (shorten) grow, lengthenlicense
English
Alternative forms
* (UK) licence (noun)Noun
- Even if you bought this product, it does NOT belong to you. You have a license to use it under the terms of this agreement, until you breach this agreement.
- When liberty becomes license dictatorship is near.
Usage notes
* In British English, Canadian English, Australian English, Irish English, and New Zealand English the noun is spelt licence'' and the verb is ''license . * The spelling licence is not used for either part of speech in the United States.Verb
(licens)T time, passage=The ability to shift profits to low-tax countries by locating intellectual property in them, which is then licensed to related businesses in high-tax countries, is often assumed to be the preserve of high-tech companies.}}