Licence to use

A licence to use (LTU) is a licence to use an intellectual property such as a patent or trademark. This is distinct from other types of licence such as a licence to manufacture or copy the invention or design. It is the sort of licence commonly issued for the use of computer software.

References

  1. ↑ Bob DeMatteis (February 2004), From patent to profit: secrets & strategies for the successful inventor, Square One Publishers, ISBN 9780757001406