A license that is paid for based on the number of machines or number of people using the software application (program) is called: purchased license.
A software license can be defined as a formal agreement between an end user (customer) and the owner of a software program or software developer, that allows him or her to perform certain tasks with the software application (program).
In Computer technology, there are three (3) main types of software programs based on usage rights and these include the following:
In conclusion, a purchased license is a type of license that is typically being paid for based on the number of machines or number of people that are using the software application (program).
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