1. A person or entity that grants a license to another party to use their intellectual property, technology, brand, or other rights
The software licensor provides updates and technical support to all registered users.
O licenciante de software fornece atualizações e suporte técnico a todos os usuários registrados.
2. In legal and business contexts, the party that owns the licensed rights and permits their use by another party (licensee) under specific terms and conditions
The licensor retained the right to terminate the agreement if royalties were not paid on time.
O licenciante manteve o direito de rescindir o acordo se os royalties não fossem pagos no prazo.