Meaning of “licensee” in the English Dictionary

"licensee" in Business English

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licenseenoun [ C ]

/ˌlaɪsənˈsiː/ uk us

LAW, COMMERCE, IT a person or organization who has official permission to make, do, or own something:

No one but a manufacturer or its licensee can legally import a drug into the United States.
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UK LAW, GOVERNMENT a person who has official permission to sell alcohol:

By law, the licensee of a pub must be a fit and proper person.
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(Definition of “licensee” from the Cambridge Business English Dictionary © Cambridge University Press)