{"ok":true,"canonical_url":"https://dealroom.so/glossary/licensor","api_url":"https://dealroom.so/api/public/glossary/licensor","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":"licensor","term":"Licensor","group":"People and paperwork","definition":"An entity that grants permission to another party (the licensee) to use its intellectual property, such as trademarks, patents, or copyrighted material, under specific terms and conditions.","what_it_means":"If the business you're buying relies on licensed intellectual property, the licensor is a critical third party. You'll need to ensure the existing license is transferable or a new agreement can be secured, as it's vital. The lender will review these agreements carefully.","url":"https://dealroom.so/glossary/licensor","official_sources":[],"related":[{"slug":"licensee","term":"Licensee","url":"https://dealroom.so/glossary/licensee"},{"slug":"franchise","term":"Franchise","url":"https://dealroom.so/glossary/franchise"},{"slug":"franchise-agreement","term":"Franchise agreement","url":"https://dealroom.so/glossary/franchise-agreement"},{"slug":"affiliation","term":"Affiliation","url":"https://dealroom.so/glossary/affiliation"}],"related_questions":[]},"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 — Licensor","url":"https://dealroom.so/glossary/licensor","source_type":"DealRoom Data"}}