Capital · coordination · constructionCareers

DefinedTerm · custody

Regulatory permission boundary

The line separating what a piece of licensed software provides — brand, interface, configuration — from any regulatory permission or licence its operation might require, which the software itself never carries. A licensee who needs that permission has to hold it themselves; no vendor’s software transfers it.

Common causes

A sales conversation that implies a licensed platform confers a permission the licensee has not independently obtained.

Term set: the build vocabulary. Capital-markets terms are defined on gda.group; agent-economy terms on flashygroup.com. One term, one home.