Definition of "cross-licensing"
  1. An exchange of patent rights between businesses allowing each to use the other's technology, reducing the risks of infringement lawsuits
How to use "cross-licensing" in a sentence
  1. To avoid future legal disputes, the two tech companies decided to go for cross-licensing.
  2. Through cross-licensing, the car manufacturers were able to utilize each other's patented technology.
  3. Cross-licensing between the two software firms allowed them to develop more original and efficient products.

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