retaillicense
nounUK /ˈriːteɪlˌlaɪsəns/
US /ˈriːteɪlˌlaɪsəns/
A special permission that lets a shop sell things to people.
The corner store got its retaillicense before it opened for business.
OTHER MEANINGS
2. An official document showing a shop is allowed to sell goods.
She framed the retaillicense and hung it behind the counter.
3. The legal right to run a retail business in a certain place.
Without a retaillicense, the market stall could not operate.
4. A government approval needed to sell products directly to customers.
The city checks every retaillicense each year.