Discount-Licensing is a company that was founded in 2004 to prove that there was an unrealised secondary market for intangible Microsoft ‘Volume’ software licences (Open, Select, Enterprise). Working closely with Microsoft throughout 2003 - 2005, Discount-Licensing became notable for being the company that affirmed the legalities of the market directly with the vendor and then go onto launch a pre-owned / second-hand Microsoft software licence market ('volume'), which continues to span across Europe.We stretch Private and Public sector IT budgets by supplying discounted pre-owned software from European sources, providing residual values to solvent and insolvent businesses for their disused Microsoft software licences. The ongoing mission is to build the necessary awareness of this secondary software licence market with the view to overcoming the 'FUD' (Fear, Uncertainty & Doubt) tactics sometimes employed by the software vendor's representatives. Every business should be armed with the correct information in order to make informed decisions when considering the purchase or disposal of disused software licence assets.