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Licensable

   Also found in: Medical, Legal, Financial, Idioms, Encyclopedia, Wikipedia 0.07 sec.
li·cense  (lsns)
n.
1.
a. Official or legal permission to do or own a specified thing. See Synonyms at permission.
b. A document, plate, or tag that is issued as proof of official or legal permission: a driver's license.
2. Deviation from normal rules, practices, or methods in order to achieve a certain end or effect.
3. Latitude of action, especially in behavior or speech. See Synonyms at freedom.
4.
a. Lack of due restraint; excessive freedom: "When liberty becomes license, dictatorship is near" (Will Durant).
b. Heedlessness for the precepts of proper behavior; licentiousness.
tr.v. li·censed, li·cens·ing, li·cens·es
1. To give or yield permission to or for.
2. To grant a license to or for; authorize. See Synonyms at authorize.

[Middle English licence, from Old French, from Medieval Latin licentia, authorization, from Latin, freedom, from licns, licent-, present participle of licre, to be permitted.]

licens·a·ble adj.
licens·er, licen·sor (-sn-sôr) n.


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Specifically, Navy ORTAs identified a desire for a Service-wide system that would help them manage and market their licensable technologies.
This agreement underscores our extensive work in making StarCore's leading-edge, licensable processor technology the most easily adoptable solution.
Technologies such as networking systems, broadband communications, chemical processes, computer technology, medical devices and electronics, among others, are all areas in which licensable properties can be purchased from online technology exchanges.
 
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