Posted on Monday, July 08, 2013 at 11:01 am CDT
Private Label Rights is a licensing arrangement made on intellectual property that is common in Internet marketing. When the Private Label Rights to something are bought, the buyer owns full rights to it, including resale rights, as he or she feels fit. This means that astute Internet marketers can make huge amounts of money reselling Ebooks and other types of intellectual property without having to create them directly themselves.
Source: ExclusiveNiche com