What does license fee mean?
Definitions for license fee
li·cense fee
This dictionary definitions page includes all the possible meanings, example usage and translations of the word license fee.
Princeton's WordNet
licensing fee, license fee, license taxnoun
a fee paid to the government for the privilege of being licensed to do something (as selling liquor or practicing medicine)
ChatGPT
license fee
A license fee is a payment made by an individual or organization to a licensor for the right to use, operate, or resell a specific product, service, or intellectual property. This fee is typically charged in exchange for permissions that are set out in a licensing agreement. License fees can be one-off payments or recurring, such as monthly or annually, and may vary depending on the value of the product or service, or the market in which it is being used.
Numerology
Chaldean Numerology
The numerical value of license fee in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of license fee in Pythagorean Numerology is: 2
Examples of license fee in a Sentence
A lot of The Conservatives don't like the state funding of a media company, and The Conservatives think the The BBC crowds out sympathetic broadcasters, the whole anti-woke agenda to some extent is cover to move BBC from a license fee model to a subscriber-based one.
Let's be clear — knee-jerk changes to the license fee would massively damage The BBC programmes and news. The corporation is already facing serious cuts in the coming year, with potentially more on the horizon, it needs greater resources, not an attempt to destabilize its very existence.
These trailers that were in Paradise Cove 60 years ago are still on the Vehicle License Fee, we feel they should have to pay property tax like everybody else.
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"license fee." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/license+fee>.
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