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TeachMeFinance.com - explain Licensing basis Licensing basis The term 'Licensing basis' as it applies to the area of nuclear science can be defined as ' The collection of documents or technical criteria that provides the basis upon which the NRC issues a license to construct or operate a nuclear facility; to conduct operations involving the emission of radiation; or to receive, possess, use, transfer, or dispose of source material, byproduct material, or special nuclear material. For related information, see Licensing. '. Previous 5 Terms: Licensed By The State As A Risk-Bearing Entity Licensed material Licensed site capacity Licensee Licensees Next 5 Terms: lichenology Lid lidar lienal Life 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.