License agreement

 

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License agreement

A contract by which a domestic company (the licensor) allows a foreign company (the licensee) to market its products in a foreign country in return for royalties, fees, or other forms of compensation.



License agreement

Similar Matches

Partnership agreement

Partnership agreement

A written agreement among partners detailing the terms and conditions of participation in a business ownership arrangement.


General Agreement on Trade in Services

General Agreement on Trade in Services

The agreement, negotiated in the Uruguay Round that brings international trade in services into the WTO. It provides for countries to provide national treatment to foreign service providers and for them to select and negotiate the service sectors to be covered under GATS.


Voluntary restraint agreement

Voluntary restraint agreement

Same as a VER.


Commodity agreement

Commodity agreement

See international commodity agreement.


Knock for knock agreement

Knock for knock agreement

Although it currently rarely applies, this is a motor insurance term describing an agreement between insurance companies where each pays the claims of its own clients following an accident. This principle applies irrespective of blame and seeks to save time and expense. One of the parties involved in such circumstances may however seek to sue the other and if successful may claim from the other's insurers.


Further Suggestions

Purchase agreement
Buttonwood Agreement
Bretton Woods Agreement
Lease purchase agreement
TRIPs Agreement
tenancy agreement
Double tax agreement
Subordination Agreement
Fiscal agency agreement
General Agreement on Tariffs and Trade
Cofinancing agreements
Investment agreement
Smithsonian Agreement
Multilateral agreement
Cash deficiency agreement
European Monetary Agreement
Association Agreement
Standby agreement
Bond agreement
Preferred stock agreement
General Agreement on Tariffs and Trade
client agreement
Reciprocal trade agreement
Schengen Agreement
Bilateral agreement


 
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