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A perpetual software license is a type of software license that authorizes an individual to use a program indefinitely. Generally, outside of termination, a perpetual software license lets the holder use a specific version of a software program continually with the payment of a single fee.
In a subscription software model, the customer accesses software owned by the vendor via an ongoing agreement, and pays regular amounts to access the software. The vendor retains ownership of the software. In a perpetual license software model, the client buys the software outright.
So, what is a perpetual license? Essentially, a perpetual license is the term used to describe the traditional method of purchasing software ? you pay for the license upfront, and you have the right to use the software indefinitely.
With a perpetual license, you pay for the software license up-front and then have the right to use it indefinitely at no further cost. This is sometimes referred to as a "lifetime license". Typically, no future software updates are included as standard under a perpetual license.
The perpetual software license model is comparable to other traditional retail purchases. For example, when a customer buys a refrigerator, they own it indefinitely after a one-time payment. That purchase usually comes with a warranty and service for a limited time.
Term licenses are suitable for specific time-limited projects, perpetual licenses provide long-term ownership and control over the software, and subscriptions offer flexibility, regular updates, and support.
A perpetual license is one that has no given end. An irrevocable license cannot be cut short. Either a perpetual license or a license with a stated term can be either revocable or irrevocable.
Perpetual License means a type of license for a Software Product which allows the User to use the Software Product in perpetuity so long as the User does not otherwise violate the terms of the EULA.