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There has been more rumour, misinformation and confusion over the subject of font licensing than all other aspects of typography put together.
The facts are quite simple: A font is a computer program in it's own right, and is treated in exactly the same way as a program such as QuarkXpress. It is initially licensed to a company to be used on a certain number of their workstations (usually 5) for their own use ONLY and MUST NOT be passed on to outside Bureaus, Printers, Designers, Publishers etc.
An incorrect rumour is that it is ok to pass on a font provided that the bureau or printer only uses it to output your job and then destroys the font. This is STRICTLY ILLEGAL and must NOT be done.
You would certainly not pass on your copy of QuarkXpress or Adobe Photoshop under the same premise!
Any reputable bureau, printer or publisher will have a selection of legally purchased fonts and is expected to purchase further fonts to match those in any jobs you give them.
What does not help with font licensing is that individual foundries have licensing requirements that, although following the same general principles, differ in minor details. If you are intending to use any fonts on multiple workstations and sites you should ask about the licensing requirements before purchase.

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