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LICENSING FEE

(noun)
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Definitions

There is 1 meaning of the phrase Licensing Fee.

Licensing Fee - as a noun

A fee paid to the government for the privilege of being licensed to do something (as selling liquor or practicing medicine)

Synonyms (Exact Relations)
license feelicense tax

Example Sentences

"The licensing fee for using this software is $500 per year."
"The company had to pay a substantial licensing fee to use the patented technology."
"The artist received a licensing fee for allowing their song to be used in a commercial."
"The filmmaker paid a high licensing fee to include footage from a popular movie."
"The publishing company charges a licensing fee for each copy of the book sold."
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