green light

noun

a green-colored traffic light used to signal drivers, pedestrians, etc., that they may proceed.

authorization; approval; permission: The railroad has been given the green light on the proposed fare increase.

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verb (used with object), green·-light·ed or green·-lit, green·-light·ing.

to give permission to proceed; authorize: The renovation project was green-lighted by the board of directors.

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Link To green light

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World English Dictionary

green light

—n
1.	a signal to go, esp a green traffic light
2.	permission to proceed with a project

—vb , -lights, -lighting, -lighted
3.	to permit (a project, etc) to proceed

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Slang Dictionary

green light definition

n.
the signal to go ahead with something; the okay. (See also go-ahead; high sign.) : When we get the green light, we'll start.

Dictionary of American Slang and Colloquial Expressions by Richard A. Spears.Fourth Edition.
Copyright 2007. Published by McGraw Hill.
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Matching Quote

"New Yorkers speak more quickly and shift topics more rapidly. We all know that. But the way it's done is fascinating. At least it fascinated me when I first moved to New York. Someone has the floor and talks. As soon as I know what they are going to say, I can jump in, finish the sentence to show I understand, and take off into my own turn. The northern California I know isn't like that. Someone talks, and I lie back and listen and let them roll for a while. When they're done, there'll be a pause that will flash like a green light to announce that someone else can have the floor."

-Michael Agar