Someone who purchases a ticket to the zoo has the right to a specific use of the zoo property for a limited time, subject to good behavior. This purchase of a ticket is a type of license.
Property is anything over which a person or a company has legal ownership. Property can refer to either intangible items with the potential for future value, such as stock and bond certificates, or tangible items like homes, automobiles, or appliances. a permit issued by a competent authority allowing one to carry out a legal activity or engage in a legal business. A hunting license is a paper, plate, or tag that certifies that one has been issued.
The nation's driver's licenses come in three varieties: student, non-professional, and professional.
The noun is spelled license in American English, just like the verb. The noun is spelled license in British English, though.
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