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compulsory license

 A compulsory license is a statutorily-created license that allows the use of copyrighted materials without the explicit permission of the copyright holder. In exchange, a royalty is paid to the copyright holder.

Definition from Nolo’s Plain-English Law Dictionary

A statutory arrangement under which permission is not required before using someone else's intellectual property, provided that a fee is paid.

Definition provided by Nolo’s Plain-English Law Dictionary.

August 19, 2010, 5:13 pm