colicense

English

Etymology

From co- +‎ license.

Verb

colicense (third-person singular simple present colicenses, present participle colicensing, simple past and past participle colicensed)

  1. (transitive, business) To license jointly.
    • 2003, Ranjay Gulati, Mohanbir Sawhney, Anthony Paoni, Kellogg on Technology & Innovation, page 334:
      To stay alive during the 13 years it took to bring its product to market, ICOS chose to colicense all the products it was developing.

Noun

colicense (plural colicenses)

  1. (business) A joint license.
    • 1954 June, Paul Talmey, Gregoire Gutzeit, “Research in a Highly Diversified Corporation”, in The Analysts Journal, volume 10, numbers 3 (Proceedings, Seventh Annual Convention, National Federation of Financial Analysts Societies, May 16 to 20, 1954), The New York Society of Security Analysts, →JSTOR, page 138:
      […] Turbomixer division of General American was approached by the Shell Development Company. We were offered and accepted an exclusive license in the United States and in Canada for the chemical industry, and a colicense with Lummus Company in the field of petroleum refining.
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