sub•li•censePronunciation: (sub-lī'suns), [key]
—n., v., -censed, -cens•ing.
a license or contract granted to a third party by a licensee for specified rights or uses of a product, brand name, logo, etc.
to grant a sublicense for.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.