Licensing Fee

1. An amount of money paid by an individual or business to a government agency for the privilege of performing a certain service or engaging in a certain line of business.

2. A sum paid to use a copyrighted item, such as a photograph or logo, that is owned by someone else.

1. Restaurants must obtain a liquor license and pay a liquor licensing fee to serve spirits. Hairdressers must pay a licensing fee and obtain a cosmetology license to operate their business. Licensing fees, combined with the fees to get the training necessary to qualify for the license, create barriers to entry in licensed occupations, driving up the costs of services offered by licensed providers.

2. If a t-shirt company owner wanted to sell t-shirts imprinted with a Major League Baseball team's logo, the owner would need to get MLB permission and pay a licensing fee to obtain a license to use the image.

Investment dictionary. . 2012.

Look at other dictionaries:

  • licensing fee — noun a fee paid to the government for the privilege of being licensed to do something (as selling liquor or practicing medicine) (Freq. 1) • Syn: ↑license fee, ↑license tax • Topics: ↑medicine, ↑medical specialty • Hypernyms: ↑ …   Useful english dictionary

  • fee — A fixed amount or a percentage of an underwriting or principal. Bloomberg Financial Dictionary * * * fee fee [fiː] noun 1. [countable] COMMERCE an amount of money paid to a professional person or organization for their services: • If you want… …   Financial and business terms

  • Licensing International Expo — Infobox Convention name = Licensing International Expo caption = status = Active genre = Licensing, merchandising venue = Mandalay Bay Convention Center location = Las Vegas, Nevada country = USA first = 1980 last = organizer = Advanstar… …   Wikipedia

  • Fee — For other uses see Fee (disambiguation) A fee is the price one pays as remuneration for services. Fees usually allow for overhead, wages, costs, and markup. Traditionally, professionals in Great Britain received a fee in contradistinction to a… …   Wikipedia

  • fee — noun ADJECTIVE ▪ exorbitant, fat (informal), hefty, high, huge, large, substantial ▪ I expect you had to pay a fat fee to your divorce lawyers …   Collocations dictionary

  • licensing — {{Roman}}I.{{/Roman}} noun Licensing is used before these nouns: ↑agreement, ↑deal, ↑exam, ↑fee, ↑hour {{Roman}}II.{{/Roman}} adj. Licensing is used with these nouns: ↑magistrate …   Collocations dictionary

  • licensing — Mktg the transfer of rights to manufacture or market a particular product to another individual or organization through a legal arrangement or contract. Licensing usually requires that a fee, commission, or royalty is paid to the licensor. See… …   The ultimate business dictionary

  • licensing agreement — Mktg an agreement permitting a company to market or produce a product or service owned by another company. A licensing agreement grants a license in return for a fee or royalty payment. Items licensed for use can include patents, trademarks,… …   The ultimate business dictionary

  • licensing — In international marketing, an agreement by which a company (the licensor) permits a foreign company (the licensee) to set up a business in the foreign market using the licensor s manufacturing processes, patents, trademarks, trade secrets, etc …   Big dictionary of business and management

  • licence fee — license fee ➔ fee * * * licence fee UK US noun [C] UK (US license fee, also licensing fee) ► LAW, COMMERCE an amount of money that you pay a company or organization to give you permission to use, do, or have something: » …   Financial and business terms

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