li·cen·ti·ate 
(lī-sĕnshē-ĭt)
(lī-sĕnshē-ĭt)n.
1. One who is granted a license by an authorized body to practice a specified profession.
2.
a. A degree from certain European and Canadian universities ranking just below that of a doctor.
b. One holding such a degree.
[Middle English, from Medieval Latin licentiātus, from past participle of licentiāre, to allow, from licentia, authorization; see LICENSE.]