noun. a license or contract granted to a third party by a licensee for specified rights or uses of a product, brand name, logo, etc. verb (used with object), sub·li·censed, sub·li·cens·ing. to grant a sublicense for.

What is sub licensable?

SUBLICENSABLE means, with respect to a Patent licensed or sublicensed to a Party or any of its Subsidiaries (as applicable, the "SUBLICENSOR"), a Patent as to which, and only to the extent and for such time as, and subject to the conditions under which, the Sublicensor has the right to grant licenses or sublicenses, ...

Is Sublicensable a word?

Capable of being sublicensed.