Tiny Link:

MIT License Explained

(Open Source)

Quick Summary:

Very liberal. Basically, you can do whatever you want as long as you include the original copyright.

  • Can
  • Commercial Use
    This software can be used for commercial purposes in derivative works.
  • Modify
    This software can be modified.
  • Distribute
    The software may be distributed.
  • Sublicense
    This software allows you to give partial production/distribution rights to third parties not included in the license.
  • Cannot
  • Hold Liable
    Software is released without warranty and the software/license owner cannot be charged for damages.
  • Must
  • Include Copyright Notice
    You must retain the original copyright notice.

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Other licenses:
Microsoft Reciprocal License (Ms-RL) | OpenMRS Public License v1.1 (OMRS-1.1) | University of Illinois - NCSA Open Source License (NCSA) |
Full Text:
The MIT License (MIT)
Copyright (c) <year> <copyright holders>
 
Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:
 
The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.
 
THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.