When a Trademark Owner Allows Another to Use Its Marks

question 31

Short Answer

When a trademark owner allows another to use its marks, such an arrangement is called a ______.

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Definitions:

Coupon Rate

The interest rate stated on a bond when it's issued which represents the annual interest payment the bondholder will receive.

Selling at Par

Selling at par refers to the condition where a security is sold at its face value, not at a discount or premium.

Call Provision

A clause in a bond's contract that allows the issuer to repurchase and retire the debt before its maturity date, usually at a premium price.

Bond Issuer

An entity, often a corporation or government, that issues debt securities to raise funds.