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We found one dictionary that defines the word grantback:

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  1. grantback: Wiktionary

Definitions from Wiktionary (grantback)

noun:  Alternative form of grant-back [(law) In U.S. patent law, a license under which a party grants another the right to use a patent under the condition that the licensee agrees to grant the licensor a license with respect to any improvements to that patent made by the licensee.]

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