liberty chit vs license

liberty chit and license both are nouns.

Word	Noun	Adjective	Verb	Adverb
liberty chit	Yes	No	No	No
license	Yes	No	Yes	No

As nouns, license is a hypernym of liberty chit; that is, license is a word with a broader meaning than liberty chit:

Other hypernyms of liberty chit include licence, permit.

liberty chit (noun)	license (noun)
a permit to enter or leave a military installation	the act of giving a formal (usually written) authorization
	a legal document giving official permission to do something
	freedom to deviate deliberately from normally applicable rules or practices (especially in behavior or speech)
	excessive freedom; lack of due restraint

liberty chit (verb)	license (verb)
	authorize officially