crosslicense

From cross- +‎ license.

crosslicense (third-person singular simple present crosslicenses, present participle crosslicensing, simple past and past participle crosslicensed)

1. (transitive, of two parties) To license (intellectual property, etc.) each to the other.
   • 2009 September 21, Steve Lohr, “Now, an Invention Inventors Will Like”, in New York Times‎:

     It’s an industry with huge companies who crosslicense patents with each other and tell little guys to take a hike,” said Robert Megantz, a former general manager of licensing for Dolby and the consultant who worked with Zoltar in the late 1990s.

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