The license could be of two types license and user license based on the scope of the feature.The license will help us defines which all features of the application are accessible as a product on the subscriber instance. License records will be created on the subscriber instance as per the application version used to create the product. The license record helps to maintain the usage of a feature. for example, it will hold data of scope, reset frequency, users, remaining users, allowed, used, and remaining user, etcfeatures. With the help of the following details
Allowed
The number of licenses that can be used
Used
Used number of license
Remaining
Remaining number of licenses after use