Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “letter of licence”

letter of licence

noun [C] (plural letters of licence) UK ( US letter of license)    
LAW a written document by someone who is owed money in which they formally agree to allow more time for the debt to be paid back
(Definition of letter of licence noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of letter of licence

Word of the Day

exercise

physical activity that you do to make your body strong and healthy

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More