Русско-англо-русский юридический словарь

The term "licensor" is most commonly used when referring to intellectual property licensing. Patents, trademarks, and other intellectual property confers the right to exclude others from using the property to the intellectual property owner. [...] Intellectual property owners may agree to forfeit their right to exclude for a limited time by licensing use of their property to a licensee, making the owner a licensor. (Legal Information Institute)