1. Someone who has been conferred formal ratification to practice or to teach a profession or skill: When Manual graduated from the university, he was proud to be the holder of a licentiate so he could start his own physical fitness studio.
2. A degree from some European and Canadian universities ranking just below that of a Masters or Ph.D.; or the person holding such a degree: Carlos studied diligently and his family shared his joy when he received his licentiate from the local Canadian university so he could pursue his desire to be a programmer for a computer company.