Source : Webster's Revised Unabridged Dictionary (1913)

License \Li"cense\ (l[imac]"sens), v. t. [imp. & p. p.
   {Licensed} (l[imac]"senst); p. pr. & vb. n. {Licensing}.]
   To permit or authorize by license; to give license to; as, to
   license a man to preach. --Milton. Shak.

Licensed \Li"censed\ (l[imac]"senst), a.
   Having a license; permitted or authorized by license; as, a
   licensed victualer; a licensed traffic.

   {Licensed victualer}, one who has a license to keep an inn or
      eating house; esp., a victualer who has a license to sell
      intoxicating liquors.

Source : WordNet®

licensed
     adj : given official approval to act; "an accredited college";
           "commissioned broker"; "licensed pharmacist";
           "authorized representative" [syn: {accredited}, {commissioned},
            {licenced}]