Meaning of “licensed” in the English Dictionary

"licensed" in Business English

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licensedadjective

uk /ˈlaɪsənst/ us

LAW, GOVERNMENT having official permission to do, have, or sell something:

You should ensure that your investment adviser is licensed.
The goods originated from state inspected and licensed facilities.
a licensed driver/engineer/therapist

LAW, COMMERCE, IT produced, used, or sold with the permission of the person or company who has created something or owns something:

About 300 licensed products will reach stores by the end of the year.
The version of the software they were using was not licensed.

UK LAW, GOVERNMENT officially allowed to sell alcohol:

Over the past 20 years, the number of licensed premises has increased by 23%.
The restaurant is not licensed, but you can bring your own wine.

(Definition of “licensed” from the Cambridge Business English Dictionary © Cambridge University Press)