broadcasting license
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 309 U.S. 470 - Federal Communications Commission v. Sanders Bros. Radio Station · 1940Most cited · 1,210 citing opinions
The policy of the Act is clear that no person is to have anything in the nature of a property right as a result of the granting of a license. Licenses are limited to a maximum of three years' duration, may be revoked, and need not be renewed.