License

A license is an agreement and statement of terms that permits an action. For example, a software license is an agreement between a user and a software company that allows that individual to use the program. In most cases, before installing or using software, you must agree to the license agreement.

Other examples of licenses relating to computers

• EULA (End-User License Agreement).
• GPL (GNU General Public License).
• LGPL (Lesser General Public License).
• Single-user, multi-user, and site license.
• Volume license.

What is a license fee?

A license fee is a monthly or yearly fee that is paid to maintain a license for the software. This fee helps pay for the program and updates made to the program.

Business terms, Credential, Registration, Software terms, Volume licensing