What is a node-locked license?

A node-locked license permits the licensed software to run on only one machine. Each node-locked license is locked to an instrument or computer: the license is resident on the hard disk of the system that it's locked to, and that system runs the licensed feature or product. 
Node-locked, USB portable, and transportable licenses are collectively referred to as local licenses, because these types are typically resident on the machine where they will be used.

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