licens

Etymology
Present participle of.

Participle

 * 1) allowing, permitting

Adjective

 * 1) bold, presumptious
 * 2) unrestrained, licentious

Noun

 * 1) a license, a permit, an authorization (to own or operate a gun, radio transmitter, TV receiver, etc.)
 * 2) a license fee, a due (that must be paid to obtain the license)