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license
Pronunciation of license /ˈlaɪsəns/ (say 'luysuhns)

verb (t) (licensed, licensing)
1.  to grant authoritative permission or licence to; authorise: *`I'm licensed to sell grog,' as one of them explained to a startled Sydney man, `and, by G–, I'm going to.' –c.e.w. bean, 1910.

noun 2. US licence.

licensing, noun