The term 'licensor' is a common term in legal agreements, which refers to the owner or the provider of a license to use a particular product, service, technology, or intellectual property. Synonyms for licensor include grantor, donor, supplier, provider, issuer, or proprietor. These terms all imply the same meaning, that the licensor is providing permission to use intellectual property in exchange for compensation, royalties, or a fee. It's essential to understand these terms when drafting or reviewing licensing agreements, as the precise terminology used can have legal implications for both parties involved. When licensing intellectual property, it's crucial to use the right terms and have a clear understanding of the contractual obligations and responsibilities of both parties.