licence


licence
A paper or electronic document issued by the competent authority, authorizing and requiring the import or export of the goods specified and/or imposing other special requirements as necessary. HM Customs & Revenue Glossary

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licence li‧cence [ˈlaɪsns] , license noun
1. [countable] LAW COMMERCE an official document giving you permission to own or do something for a period of time:

• The charity organization has applied for a city business license to operate weekly bingo games.

• The factory's operating license will not be granted until after the inspection.

— compare permit
ˈexport ˌlicence , export license AmE [countable] LAW COMMERCE
an official document giving permission to send goods for sale in another country; = EXPORT PERMIT
ˈimport ˌlicence , import license [countable] COMMERCE COMMERCE
a government document needed before importing certain types of goods. Import licences can be used, for example, to limit imports if there is a balance of payments or to stop trade in rare plants and animals; = IMPORT PERMIT:

• The duty on cars was 65%, and importers also had to get an import license, which was almost never granted.

2. [countable, uncountable] disapproving official permission to do something, which seems wrong:
import licence for

• State Governments are concerned that the revised tax laws will provide a license for tax evasion.

3. licence to print money disapproving used in order to say that a situation gives someone a chance to make a lot of money very easily, without much work:

• Franchising isn't always a licence to print money. It can take a lot of hard work and personal effort.

4. [uncountable] LAW COMMERCE if something is sold, made etc under licence, it is sold etc with the permission of the company or organization who owns the patent (= the legal right to make or sell a new product ) or the copyright (= the legal right to be the only producer or seller of a book, play, film, or record ) :

• It can appoint a foreign company to manufacture its product under licence.

• The license agreement has not led to a reduction in its own design efforts.

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licence UK US /ˈlaɪsəns/ noun UK (US license)
[C] LAW, GOVERNMENT an official document from the government, court, etc. that gives you permission to do, have, or own something: a driving/driver's/pilot's licence »

The bank will insist you produce a driving licence or passport as a form of ID.

»

a business/operating licence

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a gun/firearms licence

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If there is any delay, the licence holder can be fined.

grant/issue a licence »

The council granted a licence that allowed the premises to stay open until 3 am.

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have/hold/get a licence

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own/apply for/renew a licence

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refuse/suspend/take away a licence

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a licence expires/runs out

Compare PERMIT(Cf. ↑permit) noun
[C] LAW, COMMERCE, IT permission given by a company to produce or use something that they have created or that belongs to them: »

a software/publishing licence

licence for sth »

A licence for PC network use costs £900.

licence to do sth »

a licence to publish the book throughout the world

[ U] permission or freedom to do what you want: »

licence to do sth

»

He thought his position allowed him licence to be rude.

licence to print money — Cf. licence to print money
under licence — Cf. under licence
See also EXPORT LICENCE(Cf. ↑export licence), IMPORT LICENCE(Cf. ↑import licence), LETTER OF LICENCE(Cf. ↑letter of licence), PRACTICING LICENSE(Cf. ↑practicing license)

Financial and business terms. 2012.

Look at other dictionaries:

  • licence — [ lisɑ̃s ] n. f. • v. 1175; lat. licentia I ♦ 1 ♦ Vx Droit, liberté (de faire ou de dire qqch.) en vertu d une permission donnée par une autorité supérieure. 2 ♦ Vx Autorisation d enseigner; degré universitaire donnant cette autorisation. ♢ Mod.… …   Encyclopédie Universelle

  • Licence CC — Licence Creative Commons Pour les articles homonymes, voir Creative. Quelques droits réservés Les licences Creative Commons constit …   Wikipédia en Français

  • licence — A licence is an agreement that allows the licensee to do an act which would otherwise be the exclusive right of the licensor. Licensing out is commonly engaged in by companies without the resources fully to commercialise their Intellectual… …   Law dictionary

  • Licence 4 — Licence IV Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. En France, la licence IV est une autorisation pour certains débits de boisson de vendre des boissons alcoolisées et liqueurs. Il est interdit… …   Wikipédia en Français

  • licence — Licence, et permission, Licentia. Abandonnement et licence de tuer un homme, Proscriptio. Ils ont licence par la coustume, More habent licentiam …   Thresor de la langue françoyse

  • licence — (l[imac] sens), licenced licenced, licencee licencee Same as {license}, {licensed}, {licensee}. [WordNet 1.5] …   The Collaborative International Dictionary of English

  • licence — licence, license In BrE, the noun is spelt licence and the verb license (and so licensed premises, licensing hours, etc., although licenced is occasionally seen and can be justified on the ground that it is formed from the noun rather than the… …   Modern English usage

  • Licence —   [li sãs; französisch, eigentlich »Erlaubnis«] die, / s, akademischer Grad des französischen Bildungssystems; erworben nach in der Regel dreijährigem Hochschulstudium …   Universal-Lexikon

  • licence — фр. [лиса/нс] licenza ит. [личэ/нца] вольность ◊ kon licenza [кон личэ/нца] вольно …   Словарь иностранных музыкальных терминов

  • licence — (US license) ► NOUN 1) a permit from an authority to own or use something, do a particular thing, or carry on a trade. 2) a writer s or artist s conventional freedom to deviate from facts or accepted rules. 3) freedom to behave without restraint …   English terms dictionary