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As an art critic, I'd prefer that artists have license to borrow any image.
Somehow, though, fashion designers have taken postmodernism to mean a license to borrow from the past -- without irony.
To investors, S.&P.'s action was a signal that Enron was locked out of credit markets; it had lost its "license" to borrow.
Puerto Rico was given a license to borrow without limits when it's bonds were made tax exempt in all states at all levels of government.
Countrywide was a mortgage bank, and, unlike commercial banks and thrifts, was not licensed to take deposits, so it funded its home loans by borrowing money, short term.
Get licensed to practice medicine.
ECB governing council member Ewald Novotny of Austria suggested Wednesday that the permanent bailout fund could take out a banking license, allowing it to borrow money from the ECB.
Despite being ordered to give up his license, Borutski managed to borrow his neighbour's car and drive to Culleton's place.
Giving the bailout funds banking licenses and allowing them to borrow from the E.C.B. would solve that problem.
In CR, unlicensed (secondary) users are allowed to borrow unutilized bandwidth from licensed (primary) users.
Mrs. Merkel had firmly opposed the French suggestion that the fund, the European Financial Stability Facility, should get a banking license, which would enable it to borrow from the European Central Bank.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com