Licensing

The act of giving people official permission to do, have, or sell something: In many countries, licensing is used as a method of deciding who should sell what. The licensing agreement allows Davy to sell the system overseas. The vehicle licensing authorities knew that Mr. Collett held a coach driver's license[Cambridge Dictionary]. Issuance and issuance of licenses, issuance of duplicate licenses, maintenance of license files and registers, control over compliance by licensees with license conditions, issuance of an order to eliminate violations of license conditions, and orders to eliminate violations of legislation in the field of licensing. This is a necessary condition for implementing certain types of business activity provided for by the Law of Ukraine, "On Licensing of Types of Economic Activity," which means obtaining a license following the procedure established by law. From the moment of obtaining the license, the entrepreneur is granted the right to carry out the corresponding type of activity, which he can implement during the term of validity of the license, after which this right is terminated. Corporate licensing is a form where a company rents a corporate trademark or logo that has already gained popularity in one category of goods and services and then uses it in a related category[Licensing]. Before the advent of print, ecclesiastical officials sometimes forbade particular copying works while granting others various forms of official sanction. Later, in Roman Catholic countries, a bishop or his designate would provide a kind of ecclesiastical license for publication by conferring[Licensing].

Sources:

Licensing.(2023)Cambridge dictionary. Retrieved from: https://dictionary.cambridge.org/dictionary/english/licensing?q=Licensing

Black John, Hashimzade Nigar, and Myles Gareth. (2009). A Dictionary of Economics. Licensing. Retrieved from: https://www.oxfordreference.com/display/10.1093/acref/9780198606536.001.0001/acref-9780198606536-e-2851