Licentiate

[laɪ'senʃɪət] or [laɪ'sɛnʃɪət]

(noun.) holds a license (degree) from a (European) university.

Typed by Damian--From WordNet

(n.) One who has a license to exercise a profession; as, a licentiate in medicine or theology.

(n.) A friar authorized to receive confessions and grant absolution in all places, independently of the local clergy.

(n.) One who acts without restraint, or takes a liberty, as if having a license therefor.

(n.) On the continent of Europe, a university degree intermediate between that of bachelor and that of doctor.

(v. t.) To give a license to.

Checked by Ernest