perpetual irrevocable license
Definition
A perpetual irrevocable license gives someone permanent permission to use something you own, like your logo, software, or creative work, and you cannot take that permission back once you grant it. Think of it as a one-way door where you let someone through and then lose the key to close it behind them. This arrangement lasts forever, even if your business relationship with that person ends.
Example
You hire a freelance designer to build your website and the contract includes a perpetual irrevocable license, which means the designer can use your website design in their portfolio forever, even after you part ways.
Watch Out
Before signing any contract with this language, make sure you fully understand what you are permanently giving up, because you will never be able to reclaim those rights no matter what happens later.
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This definition is for informational purposes only and does not constitute legal advice. Please consult with a licensed attorney for legal guidance.