li·cen·see

[lahy-suhn-see]
noun
a person, company, etc., to whom a license is granted or issued.
Also, li·cen·cee.


Origin:
1865–70; license + -ee

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Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
licensee (ˌlaɪsənˈsiː) [Click for IPA pronunciation guide]
 
n
a person who holds a licence, esp one to sell alcoholic drink

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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00:10
licensee is always a great word to know.
So is lollapalooza. Does it mean:
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
a stew of meat, vegetables, potatoes, etc.
Example sentences
More such hypocrisy will be exposed as the rich world becomes a licensee as well as a licensor of technology.
Both the licensee and the complainant are kept apprised of the proceedings.
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