What does it mean to have your license revoked?

Having your license revoked means that it is permanently terminated, and the driver no longer has the legal right to operate a motor vehicle until they take specific actions to regain that license, such as meeting certain requirements or completing a waiting period. This action is more severe than a suspension, which is a temporary measure, and it indicates that the driver has committed violations serious enough for legal authorities to take away their driving privileges altogether.

In contrast, a suspension would mean the driver could regain their license after a specified period or after fulfilling certain conditions. Keeping a license valid with restrictions refers to limitations placed on driving privileges, not removal of the license. Lastly, downgrading a license to a permit involves reducing driving privileges but does not involve outright termination of the license. Thus, the correct answer accurately reflects the severe consequence of having one's driving privileges completely rescinded.