Usually means: Authorized officially to perform activities.
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We found 14 dictionaries that define the word licenced:

General (9 matching dictionaries)
  1. licenced: Merriam-Webster.com
  2. licenced: Vocabulary.com
  3. Licenced, licenced: Wordnik
  4. licenced: Wiktionary
  5. licenced: Dictionary.com
  6. licenced: Rhymezone
  7. licenced: Free Dictionary
  8. licenced: Mnemonic Dictionary
  9. licenced: Dictionary/thesaurus

Business (2 matching dictionaries)
  1. licenced: Legal dictionary
  2. licenced: Financial dictionary

Computing (1 matching dictionary)
  1. licenced: Encyclopedia

Medicine (1 matching dictionary)
  1. licenced: Medical dictionary

Miscellaneous (1 matching dictionary)
  1. licenced: Idioms

Definitions from Wiktionary (licenced)

adjective:  (UK, nonstandard, archaic) Alternative form of licensed [(of a person or enterprise) Having been issued with a licence (by the required authority).]

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