LICENSE AND PERMIT BONDS
\lˈa͡ɪsəns and pˈɜːmɪt bˈɒndz], \lˈaɪsəns and pˈɜːmɪt bˈɒndz], \l_ˈaɪ_s_ə_n_s a_n_d p_ˈɜː_m_ɪ_t b_ˈɒ_n_d_z]\
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A jurisdiction-mandated occupation-specific bond that identifies the bearer worker as being licensed to sell occupation-services in that jurisdiction, required to comply with occupational governing laws. Obtaining this bond often requires the bearer to be insured against liabilities.
By Henry Campbell Black