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TeachMeFinance.com - explain Possession-only license Possession-only license The term 'Possession-only license' as it applies to the area of nuclear science can be defined as ' A license, issued by the NRC, that authorizes the licensee to possess specific nuclear material but does not authorize its use or the operation of a nuclear facility. For additional detail, see Licensing. '. Previous 5 Terms: Positive pressure Positive Vorticity Advection Positive-tilt Trough Positron posology Next 5 Terms: Postage Stamp Posted county price (PCP) Posted operating instructions Post-FIRM Building Post-Flare Loops About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.