Thank you very much. One of the links you posted looks very interesting and close to what I was looking for.
>It is stilled referred to as a "subscription" sometimes the agreement will use both terms "subscription" and "lease" (both are common) but most often, a "lease" refers to hardware or equipment:
>
http://www.vizzion.com/index_files/agreement.htm>
https://www.efanniemae.com/sf/technology/accountmanage/pdf/subscriptionformagreement.pdf>
http://www.mysql.com/about/legal/mysqlenterpriseagmt.pdf>
http://www.aims1.com/Subscription.htm>
>>Subscription would be applicable if the software was web-based. For an installed software application "leasing" is better. I am also thinking about using the "contract" for a certain duration with payment spread over the years.
>>
>>>I would call it a "subscription" - I've heard other people call it "leasing software" but 'subscription' seems to be much more popular these days...
>>>
>>>>Good try :)
>>>>
>>>>>It's called 'Subscription". :)
>>>>>
>>>>>>
>>>>>>Is there a term for an application purchased/sold on the basis that the customer must pay every year. If the customer does not pay the application stops working. I am trying to find a term or words that describe this type of approach.
>>>>>>
>>>>>>TIA.
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