Regulatory License
/ˌrɛɡjʊˈleɪtəri ˈlaɪsəns/
Definitions
- (n.) An official permission granted by a governmental or regulatory authority allowing an individual or entity to engage in a specific activity subject to compliance with regulatory standards.
The company obtained a regulatory license to operate its financial services legally.
- (n.) A license ensuring compliance with specific regulations in highly controlled industries such as telecommunications, healthcare, or environmental management.
Hospitals must secure a regulatory license to meet healthcare safety requirements.
Forms
- regulatory license
- regulatory licenses
Related terms
See also
Commentary
Use precise language to distinguish regulatory licenses from general business licenses; emphasize the regulatory authority's role and statutory compliance.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.