saleslicence

noun
UK /ˈseɪlzˌlaɪsəns/
US /ˈseɪlzˌlaɪsəns/

A sales licence is an official paper that says a person or shop is allowed to sell things.

The corner shop got its sales licence before it started selling toys.


OTHER MEANINGS

2. A legal permission for a company to sell a specific type of product, such as alcohol or medicine.

The pharmacy needed a special sales licence to sell cough syrup.

3. The right to sell goods in a particular area or market.

The company bought a sales licence to sell its drinks at the stadium.

4. A document showing that a salesperson is officially allowed to sell on behalf of a company.

Every salesperson must carry a sales licence when visiting customers.