License

{
  "id": "MLC-T-LAW-003028",
  "term": "License",
  "field": "Law",
  "definition": "A formal permission granted by a competent authority to do something that would otherwise be prohibited. This authorization allows the licensee to engage in a specific activity or use certain property without legal penalty. Licenses are issued for a defined period and may be subject to renewal or revocation based on compliance with established conditions.",
  "url": "https://mlchart.com/terminology/law/license/"
}