IPA: /ˈlaɪsənəbl/
KK: /ˈlaɪsənbəl/
Able to be officially permitted or authorized through a license.
The software is licensable for commercial use.
Licensable → It is formed from "license" (from Latin "licentia", meaning freedom or permission) and the suffix "-able" (meaning capable of). The word "licensable" means capable of being licensed or permitted.
Think of 'license' as permission and '-able' as capable of. This helps you remember that 'licensable' refers to something that can be permitted.