licence(redirected from licenced)
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a licence to print money
An activity, business model, or company that yields very high profits but requires little or no effort to do so. Primarily heard in UK, Australia. All these hefty parking fees and fines are just a licence to print money for the city. These trashy gossip magazines are of such low quality, yet they always fly off the shelves. They're all licences to print money.
be a licence to print money(British & Australian) also be a license to print money (American)
if a company or activity is a licence to print money, it causes people to become very rich without having to make any effort These shopping channels are just a licence to print money.