What's the difference between a license subscription and a license key?

TypeWell software is sold as a subscription, either monthly or annually. This subscription may be purchased by an individual, school, business, or other organization. The subscription grants the user access to the software under the End-User License Agreement, for the duration of the paid term.

A license key is a unique alphanumeric code used to activate the software on a specific computer. During installation, the software displays an activation window where the user enters the license key. This key is matched to the installation number of that machine, ensuring the software is installed on only one computer at a time.

In short:

• The subscription is the paid license term.
• The license key is the code used to activate that license on a computer.