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What does relicense mean?

Looking for the meaning or definition of the word relicense? Here's what it means.

Verb
  1. To issue a renewed license
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For example, the bank could relicense the technology to a firm in return for equity participation.
Shortly before the announcement, an Avaaz petition signed by 1.4 million people was handed in to the European commission, calling on the bloc not to relicense.
Will the state refuse to relicense a vehicle owned by someone with a prior drunken driving offence?
He also investigates a controversial decision facing nuclear regulators: whether to relicense the nearly 40-year-old Indian Point plant, 38 miles north of Manhattan.
This enables projects to protect their legal maintainability by preserving the ability to relicense code and ensuring sufficient rights to enforce licences in court.
You need spare memory to be able to play and relicense tracks.

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