colicense

Etymology

From co- + license.

colicense means A joint license. Lexicurio rates it Sui generis — a strength score of 87 out of 100.

noun

A joint license.“[…] Turbomixer division of General American was approached by the Shell Development Company. We were offered and accepted an exclusive license in the United States and in Canada for the chemical industry, and a colicense with Lummus Company in the field of petroleum refining.”

verb

To license jointly.“To stay alive during the 13 years it took to bring its product to market, ICOS chose to colicense all the products it was developing.”