Definitions for "Cross-licensing"
Keywords:  cruelty
In this form of partnership, each firm licenses products or services to the other. It is a relatively straightforward way for companies to share products or expertise.
agreement in which two or more firms with competing and similar technologies strike a deal to reduce the need for legal actions to clarify who is to profit from applications of the technology.
a legal agreement in which two or more parties which have potentially conflicting patent claims strike a deal to share rights to the product or process in question.