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Meaning of “licensed” in the English Dictionary

"licensed" in Business English

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uk   us   /ˈlaɪsənst/
LAW, GOVERNMENT having ​officialpermission to do, have, or ​sell something: You should ensure that your ​investmentadviser is licensed. The ​goodsoriginated from ​stateinspected and licensed ​facilities. a licensed ​driver/​engineer/therapist a licensed ​broker/​contractor/​dealer
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 ​reachstores by the end of the ​year. The ​version of the ​software they were using was not licensed.
UK LAW, GOVERNMENT officiallyallowed 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)
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“licensed” in Business English

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