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Current Partnering’s comprehensive listing of terms used in business development.

When I use a word,’ Humpty Dumpty said in a rather scornful tone. ‘it means just what I choose it to mean – neither more nor less.’ Lewis Carroll, Through the Looking Glass

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9

Force majeure

Clause to deal with unforeseen events beyond the control of the parties. Unforeseen events may include accidents, civil disturbances, acts of war, and acts of God. A general agreement term.

Field

(or field of use limitations). Scope of the agreement right licensed from the licensor to the licensee. Under a license agreement, the licensor can subdivide its rights and license then for only spcific applications called fields of uses. The licensee is limited to exploiting the intellectual property only in those fields of use.

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