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Grantback
UK
/ˈɡrɑːntbæk/
US
/ˈɡræntbæk/
Translation of "grantback" into Russian
grantback
Noun
UK
/ˈɡrɑːntbæk/
US
/ˈɡræntbæk/
grantback
grantbacks pl
грантбэк
The company received a grantback for their innovative research.
Компания получила грантбэк за свои инновационные исследования.
Definitions
grantback
Noun
UK
/ˈɡrɑːntbæk/
US
/ˈɡræntbæk/
A provision in a licensing agreement where the licensee agrees to grant back to the licensor any improvements or developments made to the licensed technology.
The company included a grantback clause in the contract to ensure they would benefit from any advancements made by the licensee.
An improvement or license that is granted back to the original licensor under a grant-back clause.
Under the agreement, any new software modules would constitute a grantback to the original developer.
grantback
Adjective
UK
/ˈɡrɑːntbæk/
US
/ˈɡræntbæk/
Relating to or involving a grantback clause or obligation.
The parties debated the scope of the grantback provisions.