The phrase used to describe a type of software licensing agreement that allows you to be the only user of the software. The user name is specified when the software is purchased or registered, and while you can install the software on multiple systems, only the named user can access the software on one system at any given time. Named user licenses can also be associated with a single Windows operating system log on name or ID.
See “Is Software Ownership the Same as Licensing?” in Webopedia’s “Did You Know…?” section.
