1. Plural of licencee; persons or organizations that hold a licence or permit to operate a business, use intellectual property, or engage in a regulated activity.
Usage: British English spelling (American English: licensees); Commonly used in legal and business contexts

Examples

• The licencees of the franchise must comply with all corporate standards.
• All licencees are required to renew their permits annually.
• The company granted licencees the right to use its trademark in specific regions.
• Licencees of the software must agree to the terms of service.
• The government oversees all licencees operating in the telecommunications industry.