(of a person or enterprise) having been issued with a licence (by the required authority)Only licensed exterminators can purchase rat poison in this state.
(of a shop or restaurant) allowed to sell alcoholThe opening hours of licensed premises are restricted to prevent all-night drinking.
(of an activity) authorized by licenceEven licensed fishing has a major effect on the fish population in the river.
(of a product) based on an existing piece of intellectual property and sold under licence.Although they sell well, licensed video games are seldom critically acclaimed.