excise licence - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “excise licence”

excise licence

noun [C]
 
 
UK TAX, LAW
a document showing that excise (= tax) has been paid on something: Dealers in game must have a council licence and an excise licence.
( also vehicle excise licence) a document showing that tax has been paid on a vehicle: You may be stopped for careless driving, having a noisy exhaust, or not displaying an excise licence.
(Definition of excise licence from the Cambridge Business English Dictionary © Cambridge University Press)
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