lĭcĕo

cŭi, cĭtum, 2, v. n.

Sanscr. root rik-, riktas, empty; Gr. λιπ-, λείπω, leave; Lat. lic-, linquo, licet, liceor; cf. Germ. leihen, verleihen

I. to be for sale; to have a price put upon it, to be valued, esteemed at so much.
I. Lit. (rare but class.): omnia vaenibunt, quiqui licebunt, praesenti pecunia, Plaut. Men. 5, 9, 97: quanti licuisse tu scribis (hortos), Cic. Att. 12, 23, 5: unius assis Non umquam pretio pluris licuisse, Hor. S. 1, 6, 13. —
II. Transf., of the seller, to offer for sale, to fix the price, to value at so much (only post-Aug.): percontanti quanti liceret opera effecta, parvum nescio quid dixerat, Plin. 35, 10, 36, § 88: parvo cum pretio diu liceret, Mart. 6, 66, 4.
Lewis & Short
A Latin Dictionary, 1879
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