A clause on "licensed sales" was added in order to conform with WTO agreement on intellectual property rights.

为符合世界贸易组织知识产权保护协议还增加了一条“特许销售”的条款。

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Companies licensed to produce Olympic merchandise pay a portion of revenues from sales to the Beijing Olympic organising committee.

奥运商品特许生产商要把一部分销售收入交给北京奥组委。

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"I don't think Comes With Music would have been licensed three years ago," says Mulligan. "But the record labels understand that [digital sales to iPods] isn't enough."

穆里甘说：“我不认为Comes With Music计划在三年前会得到唱片公司的许可，但唱片公司们明白不能吊死在iPod一棵树上。”

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They know the school pockets millions a year from licensed sales of jerseys, and other logoed items.

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Ideally, the established regimes for alcohol and tobacco would be replicated, with licensed sales-outlets and minimum ages of purchase.

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The schools know how to track the licensed sales for themselves.

FORBES: Student Athletes: Don't Count Your Stipend Blessings Just Yet