Definitions

1. verb

to grant a license to another to use or exploit something that is already licensed, especially in a secondary or subordinate manner.

“The company sublicensed its patent to a smaller firm to help it gain a foothold in the market.”

2. noun

a license granted by a licensor to another person or company to use or exploit something that is already licensed.

“The sublicenses for the software were sold to several different companies.”