Distributable licenses are much like borrowable licenses, however they do not expire after a set time period. Instead of borrowing a license for a finite time period, you activate the license for unrestricted use of the licensed product for an indefinite duration of time.
The product must be connected to the License Server in order to activate a distributable license. The method you use to activate a license depends on the product you are using. Please see your product documentation for more specific information.
When you no longer need to use the product you have licensed, you can return the distributable license back to the License Server and make it available to others in your organization.