/ˈlɪsɪt ˈbɪznəs/ – Phrase
Definition: việc kinh doanh hợp pháp.
A more thorough explanation: “Licit business” refers to a lawful or legal commercial activity that is conducted in accordance with applicable laws and regulations. It involves engaging in activities that are permitted by law and do not involve any illegal or prohibited actions.
Example: The company engaged in licit business practices and complied with all relevant regulations.