Licence
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1. Public authorities.
Official permission or permit to do, use, or own something.
For example, a licence to carry on a trade.
A fee or proof of capability may be required.
Authorities may issue a licence, to allow an activity that would otherwise be illegal such as driving or selling alcohol.
2. Private sector - limited rights of use.
Permission from a private sector owner to exercise limited rights over property.
For example, to use computer software for a specified period of time.
In relation to land, a licence is generally a more limited right than a lease.
