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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Glossary > L

Licence

A Licence is a method by which the owner of physical or Intellectual Property (the licensor) allows someone else (the licensee) to use the licensor's property.

The manner is prescribed manner and typically, but not always, for a royalty or a fee.

Licences should be stored against their contracts so they can be easily found and viewed. 

By using a contract repository offered within Gatekeeper, you can store your licences securely and centrally. 

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