the act of allocating; apportionment. 2. the state of being allocated. 3. the share or portion allocated. 4. Accounting. a system of dividing expenses and incomes among the various branches, departments, etc., of a business. Origin of allocation.
Licensing Overview: Term vs. Perpetual License. A perpetual license allows the user to continue to use the software for as long as they continues to comply with the terms of the license agreement. Term license pricing is aimed at companies with small IT budgets, but whose business requires a robust software solution.
A license or licence is an official permission or permit to do, use, or own something. A license may be granted by a party to another party as an element of an agreement between those parties. A shorthand definition of a license is an authorization to use the licensed material . In particular, a license may be issued by authorities, to allow an activity that would otherwise be forbidden. It may require paying a fee or proving a capability. The requirement may also serve to keep the authorities