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license (v.)

c. 1400, "grant formal authorization to do what would be illegal to do without it," from licence (n.), which see for modern differentiation of spelling. Related: Licensed; Licensing.

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Definitions of license from WordNet
1
license (n.)
a legal document giving official permission to do something;
Synonyms: licence / permit
license (n.)
freedom to deviate deliberately from normally applicable rules or practices (especially in behavior or speech);
Synonyms: licence
license (n.)
excessive freedom; lack of due restraint; "when liberty becomes license dictatorship is near"- Will Durant; "the intolerable license with which the newspapers break...the rules of decorum"- Edmund Burke;
Synonyms: licence
license (n.)
the act of giving a formal (usually written) authorization;
Synonyms: permission / permit
2
license (v.)
authorize officially;
I am licensed to practice law in this state
Synonyms: licence / certify
From wordnet.princeton.edu