A-B | C | D-E | F-G | H-K | L | M | N-O | P-Q | R | S | T | U-Z

Glossary of Terms: N-O

— N —

Net (Wholesale) Sales
Gross Sales reduced by customer discounts, returns, freight out, and allowances. 

Non-exclusive license
The same rights to licensed merchandise granted to several licensees. 

— O —

One-Sheet
A single page summary explaining why a licensee in interested in acquiring the license for a particular product category. 

Overage
The sum amount of Royalties that are paid to a licensor above the guarantee.