Grant-back
Definition & Meaning
Part of speech noun
Quick meaning: Grant-back is a noun meaning (law) In U.S. patent law, a license under which a party grants another the right to use a patent under the condition that the licensee agrees to grant the licensor a license with respect to any improvements to that patent made by the licensee.
Meaning
(law) In U.S. patent law, a license under which a party grants another the right to use a patent under the condition that the licensee agrees to grant the licensor a license with respect to any improvements to that patent made by the licensee.
Word Forms
- grant-backs
Related Words
Related dictionary entries include grantback, grant-forward, sublicense, subpatent, grant, licensor.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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