The noun license has 4 senses (first 2 from tagged texts)
1. (4) license, licence, permit -- (a legal document giving official permission to do something)
2. (3) license, licence -- (freedom to deviate deliberately from normally applicable rules or practices (especially in behavior or speech))
3. license, licence -- (excessive freedom; lack of due restraint; "when liberty becomes license dictatorship is near"- Will Durant; "the intolerable license with which the newspapers break...the rules of decorum"- Edmund Burke)
4. license, permission, permit -- (the act of giving a formal (usually written) authorization)
Overview of verb license
The verb license has 1 sense (first 1 from tagged texts)
1. (2) license, licence, certify -- (authorize officially; "I am licensed to practice law in this state")