Trade License
/ˈtreɪd ˈlaɪsəns/
Definitions
- (n.) An official authorization issued by a government or regulatory authority permitting an individual or entity to conduct trade or business within a specific jurisdiction.
The company obtained a trade license before opening its new store.
Forms
- trade license
- trade licenses
Related terms
See also
Commentary
Trade licenses specifically regulate commercial activities and differ from other licenses by their focus on trade and business operations within local or national jurisdictions.
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.