Sublicense vs Sale - What's the difference?
sublicense | sale |
(legal) a license granted by a licensee to a third party, under the authority of the license originally granted by a licensor to the licensee
(legal) to grant a sublicense
An exchange of goods or services for currency or credit.
The sale of goods at reduced prices.
The act of putting up for auction to the highest bidder.
As nouns the difference between sublicense and sale
is that sublicense is a license granted by a licensee to a third party, under the authority of the license originally granted by a licensor to the licensee while sale is a hall.As a verb sublicense
is to grant a sublicense.As a proper noun Sale is
a town in Greater Manchester, England.sublicense
English
Alternative forms
* (l)Noun
(en noun)- Joe received a license from McDonald's to develop twenty McDonald's restaurants in Dearborn, which included permission to grant a sublicense to the individual restaurant managers.