This glossary of licence terms is provided to explain the meaning of some common words and phrases found in the terms of licence agreements. During your commercialisation journey, you may encounter or be asked to comment on these terms by Industry Partnerships and Commercialisation (IPC) team members or your commercial or legal representatives if you are forming a startup company. This glossary is provided as an information guide and is part of the Enterprise Division’s commitment to provide you with support during the commercialisation process.
Licence agreements are needed not only when IP is licensed to external organisations, but also when Imperial staff launch their own companies using Imperial's IP.
Learn more about the process of licensing IP to Imperial startups
College IP Policy (PDF, login required)
Download this glossary as a PDF (login required): Licence glossary