What does licencia mean in French?

What's the meaning of the French word licencia? Here's a list of translations and example phrases.

English Translations
Phrases in Context
Après la chute de Napoléon Ier, Louis XVIII licencia l'armée impériale française.
After the fall of Napoleon I, Louis XVIII dismissed the French imperial army.
« Vespasien licencia une grande partie des troupes de Vitellius et contint l’autre.
Vespasian dismissed a large part of Vitellius's troops, and kept the other.
Finalement, les appréciations des discours de Reagan devinrent plus mauvaises et GE le licencia en 1962.
Finally, the assessments of Reagan's speeches became worse and GE licensed him in 1962.
Reagan mit sa menace à exécution et il licencia les 11 345 contrôleurs qui étaient toujours en grève le 5 août et ils furent remplacés par des contrôleurs militaires.
Reagan put his threat into execution and he dismissed the 11,345 controllers who were still on strike on 5 August and were replaced by military controllers.
Après avoir fait désarmer les prétoriens et exécuter les meurtriers de Pertinax, il licencia les effectifs de la garde prétorienne, qui furent remplacés par des Pannoniens parmi lesquels se trouvaient probablement légionnaires de la Xe.
After having disarmed the praetorians and executed the murderers of Pertinax, he dismissed the men of the praetorian guard, who were replaced by Pannonians, among whom were probably legionaries of the tenth.
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