Shrink Wrap

The phrase used to describe a type of purchase or license agreement associated with shipped goods, such as boxed versions of computer software purchased at a store. Shrink-wrap licenses usually means that the “agreement is bound with the product by plastic wrap (shrink wrap)”, and will specify rights of use, fees, warranties and limitations of liability and End User License Agreement (EULA) printed on paper inside the product box or packaging. Consumers make the purchase, remove the shrink wrap and open the product. Shrink wrap agreements usually specify that opening the product constitutes acceptance of the terms and EULA.

See “Is Software Ownership the Same as Licensing?” in Webopedia’s “Did You Know…?” section.

Vangie Beal
Vangie Beal is a freelance business and technology writer covering Internet technologies and online business since the late '90s.

Top Articles

List of Windows Operating System Versions & History [In Order]

The Windows operating system (Windows OS) refers to a family of operating systems developed by Microsoft Corporation. We look at the history of Windows...

How to Create a Website Shortcut on Your Desktop

Website Shortcut on Your Desktop reviewed by Web Webster   This Webopedia guide will show you how to create a website shortcut on your desktop using...

What are the Five Generations of Computers? (1st to 5th)

Reviewed by Web Webster Learn about each of the 5 generations of computers and major technology developments that have led to the computing devices that...

Hotmail [Outlook] Email Accounts

Launched in 1996, Hotmail was one of the first public webmail services that could be accessed from any web browser. At its peak in...

Imperva

Imperva is a cybersecurity company focused on protecting web applications, APIs,...

Barracuda Networks

Barracuda Networks is a multinational cybersecurity company specializing in email and...

Merkle Proof

Merkle proofs describe the verification process for identifying the components of...