GNU General Public License
GNU General Public License, popularly known as GNU GPL is a popular, free license aimed at the distribution of software and creative works, in the interest of promoting free works, and open source. It was written by Richard Stallman, for the GNU project. It is a Copyleft license for general use, which means that the license allows recipients to allow changes, and modifications without limits, and preserves the "free", part, even if the work had been modified by another party.
The GPL is a license (hence General Public license), and is enforced under copyright law, not contractual law. Those who do not accept the terms of the GPL, such as corporations, may not legally use GPL licensed products under copyright law. However, if they do not redistribute the GPL'd program, they may still use the software within their organization however they like, and works (including programs) constructed by the use of the program are not required to be covered by this license.
Preamble of the GPL
Note that this part is actually copyrighted by the Free Software Foundation
The licenses for most software are designed to take away your freedom to share and change it. By contrast, the GNU General Public License is intended to guarantee your freedom to share and change free software—to make sure the software is free for all its users. This General Public License applies to most of the Free Software Foundation's software and to any other program whose authors commit to using it. (Some other Free Software Foundation software is covered by the GNU Library General Public License instead.) You can apply it to your programs, too.
When we speak of free software, we are referring to freedom, not price. Our General Public Licenses are designed to make sure that you have the freedom to distribute copies of free software (and charge for this service if you wish), that you receive source code or can get it if you want it, that you can change the software or use pieces of it in new free programs; and that you know you can do these things.
To protect your rights, we need to make restrictions that forbid anyone to deny you these rights or to ask you to surrender the rights. These restrictions translate to certain responsibilities for you if you distribute copies of the software, or if you modify it.
For example, if you distribute copies of such a program, whether gratis or for a fee, you must give the recipients all the rights that you have. You must make sure that they, too, receive or can get the source code. And you must show them these terms so they know their rights.
We protect your rights with two steps: (1) copyright the software, and (2) offer you this license which gives you legal permission to copy, distribute and/or modify the software.
Also, for each author's protection and ours, we want to make certain that everyone understands that there is no warranty for this free software. If the software is modified by someone else and passed on, we want its recipients to know that what they have is not the original, so that any problems introduced by others will not reflect on the original authors' reputations.
Finally, any free program is threatened constantly by software patents. We wish to avoid the danger that redistributors of a free program will individually obtain patent licenses, in effect making the program proprietary. To prevent this, we have made it clear that any patent must be licensed for everyone's free use or not licensed at all.