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TeachMeFinance.com - explain Licensee Licensee The term 'Licensee' as it applies to the area of nuclear science can be defined as ' A company, organization, institution, or other entity to which the NRC or an Agreement State has granted a general license or specific license to construct or operate a nuclear facility, or to receive, possess, use, transfer, or dispose of source material, byproduct material, or special nuclear material. '.
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