Commercial use licenses set specific restrictions on a company's assets to ensure they're fairly compensated. A business can use anything labeled for commercial use for its purposes, including resale, production of other goods and tools and marketing. What is commercial use?Ĭommercial use is a legal term that defines the use of certain merchandise, tools or intellectual property for financial gain. In this article, we define commercial use, explain how to know if you can use something for commercial use, compare it with non-commercial use and explain why verifying it is important. Understanding what commercial use is can help you create an agreement for your company or know how to verify whether something is for commercial use. Commercial use agreements are important business documents because they help protect a company's assets and ensure fair financial compensation. Commercial use outlines the way a customer or business can use intellectual property or tools and products.
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