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Trial licenses allow time-limited or usage-based billing of your software. The customers who need your product for short duration can buy a suitably priced trial license, rather than a regular normal license.
A trial version is a fully-functioning copy of the product, but will only run for some period of time (frequently 30 days). At the expiration date it stops running or degrades in performance. Also known as a grace period.
Trial License means a License granted to a User or an Organization for a limited duration (30 days), to enable the User or the Organization to evaluate the Software and to determine whether to purchase the non-trial version of the Software.