licence to print money

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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.
See also: licence, money, print

licence to print money

a very lucrative commercial activity, typically one perceived as requiring little effort.
See also: licence, money, print
References in periodicals archive ?
For the mobile phone companies it was a licence to print money.
Analyst Bill McCall, of Singers & Frieldander in Edinburgh, said: "Weekly newspapers are a licence to print money."
THE old saying that a TV station was a licence to print money has become a licence to rip-off viewers.
Six of the last ten winners either held the outright or joint lead after round three, but bear in mind that several of those would have been long odds-on (Tiger Woods twice, Toms and Nick Price) so backing the front runner is not a licence to print money.
JUST like the fixed-odds bookmakers, the spread firms found Euro 2004 was largely a licence to print money, writes Ian Coyne.
He said: "The Lottery is a licence to print money. It is a monopoly and should be run for the benefit of the people, not for the benefit of shareholders."
Mike Rutter of Flybe said: "To award monopolistic profits and a licence to print money to an unproductive, uncompetitive firm is a disgrace."
FOLLOWING the money has been a licence to print money in this season's Uefa Cup and a similar tactic tonight could be a route to profit.
Bill McCall, of Edinburgh merchant bank Singer & Friedlander, said: "Profits of pounds 1million a week show that weekly newspapers are really a licence to print money because of the advertising revenue they take.
We hope every last one of them takes the time to remind the club that being the custodian of the soul of the game is about more than a licence to print money.
The firm's spokesman Steve Freeth said: "Backing favourites has been a licence to print money.
SMG - who also own Scottish and Grampian TV - lived up to their reputation for having a licence to print money by reporting a profits jump from pounds 24million to pounds 30million for the first half of the year.
THE National Lotter y is no longer licence to print money it seems.
IT'S a quote that would have had people selling their cars to gather sufficient stake money before the tournament began, but Bet365's 1-3 that Ronaldo scores at the World Cup is not such a licence to print money after the Brazilian's feeble first appearance of the finals.
SHOPPERS have branded wheel clampers at one of the country's biggest retail centres "vultures" - and claim their pounds 3,000-an-hour swoops are "a licence to print money".