Definition: Government permission to carry out an activity that otherwise requires legal authorization. A real estate license identifies a regulated professional credential and its current status.
Example
A person obtains a sales associate license and activates it under a properly registered employer before practicing.
Keep the distinction clear
Holding a license number alone does not prove current authority to practice. Verify the license type, status, and employment registration.
Related terms
Licensee · Licensure · Registration
Keep studying
A BAR SALE: Which Real Estate Activities Require a License?
References: Florida Statutes 475.01: brokerage definitions
Pronunciation (US): LYE-suns (capitals show stress)
Pronunciation reference: Merriam-Webster
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