The Collaborative International Dictionary of English v.0.48:

License \Li"cense\ (l[imac]"sens), v. t. [imp. & p. p.
   Licensed (l[imac]"senst); p. pr. & vb. n. Licensing.]
   To permit or authorize by license; to give license to; as, to
   license a man to preach. --Milton. --Shak.

   Syn: licence, certify. [1913 Webster]