{"ok":true,"canonical_url":"https://dealroom.so/glossary/licensee","api_url":"https://dealroom.so/api/public/glossary/licensee","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"licensee","term":"Licensee","group":"People and paperwork","definition":"The party that receives permission from a licensor to use intellectual property or a specific right, typically in exchange for a fee or royalty.","what_it_means":"If the business you're acquiring is a licensee, verify the terms of its license agreement. Your ability to continue operating as a licensee is fundamental to the business's value. Ensure the license is assignable or the licensor will issue a new one.","url":"https://dealroom.so/glossary/licensee","official_sources":[],"related":[{"slug":"licensor","term":"Licensor","url":"https://dealroom.so/glossary/licensor"},{"slug":"franchise","term":"Franchise","url":"https://dealroom.so/glossary/franchise"},{"slug":"franchise-agreement","term":"Franchise agreement","url":"https://dealroom.so/glossary/franchise-agreement"},{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"}],"related_questions":[{"question":"How does the \"franchise rule\" specifically apply to determine affiliation for an independent dealer or licensee model?","url":"https://dealroom.so/for-lenders/questions/how-does-the-franchise-rule-specifically-apply-to-determine-affiliation-for-an-independent"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Licensee","url":"https://dealroom.so/glossary/licensee","source_type":"DealRoom Data"}}