A Software Licensor is an individual or organization that grants permission to others to use their software under specific terms and conditions. This permission is typically formalized through a legal agreement known as a software license, which outlines how the software can be used, distributed, and modified. Licensors retain ownership of the software while allowing users, known as licensees, to access it. This arrangement helps protect the intellectual property rights of the software creator, ensuring that they can control how their product is utilized and potentially generate revenue through licensing fees.