/ˈlaɪsənsəˈ/ – Noun
Definition: 1. người cấp giấy phép, người cấp môn bài;
2. người cấp giấy phép sử dụng sáng chế.
A more thorough explanation: A licensor is a person or entity that grants a license to another party to use their property, such as intellectual property or real property, under specified terms and conditions.
Example: The licensor granted the licensee the right to use their patented technology for a specified period of time.