"Rights-managed" refers to a licensing model for images, videos, or other media where the usage rights are specifically defined and controlled. This means that the buyer must pay a fee based on how they intend to use the content, such as for a specific project, duration, or geographic area. Each license is unique, ensuring that the creator retains control over how their work is used. In this model, the content is often more expensive than other licensing options, like royalty-free, because it offers exclusivity and tailored usage rights. Buyers can negotiate terms directly with the creator or through a stock agency, ensuring that both parties agree on the conditions of use.