Licit

{
  "id": "MLC-T-LAW-005375",
  "term": "Licit",
  "field": "Law",
  "definition": "Relating to an action, object, or status that is lawful, permitted, or not forbidden by law. The term describes conduct or property that conforms to all applicable legal statutes, regulations, and ordinances. For example, the licit trade in pharmaceuticals is governed by strict government regulations, whereas trade outside this framework is considered illicit.",
  "url": "https://mlchart.com/terminology/law/licit/"
}