license fee

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Definitions from WordNet

Noun license fee has 1 sense

licensing fee, license fee, license tax - a fee paid to the government for the privilege of being licensed to do something (as selling liquor or practicing medicine)
--₁ is a kind of fee

Definitions from the Web

License Fee

Description:

A license fee refers to the payment required to obtain or use a license, typically for the right to use copyrighted material or intellectual property.

Usage:

Noun (General): The license fee for using the software was quite expensive.
Noun (Specific): The annual license fee for operating a business in the city must be paid by the end of the month.
Verb (Imperative): Make sure to license your product before charging any license fees.
Verb (Gerund): The company benefited from licensing their technology, generating substantial license fees.

Related Products:

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