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TeachMeFinance.com - explain Licensed material Licensed material The term 'Licensed material' as it applies to the area of nuclear science can be defined as ' Source material, byproduct material, or special nuclear material that is received, possessed, used, transferred, or disposed of under a general license or specific license issued by the NRC or Agreement States. '. Previous 5 Terms: LIBOR Library libriform Licensed (Licensure) Licensed By The State As A Risk-Bearing Entity Next 5 Terms: Licensed site capacity Licensee Licensees Licensing basis lichenology About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.