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Where can I find the exact license feature name when checking out license?

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It appears that no flexibility is allowed in the spelling of the parameter 'feature' for the function
license('checkout', feature)
to work. That is, the strings need be spelled verbatim in order to work.
The help document mentions that 'The feature string must be a license feature name, spelled exactly as it appears in the INCREMENT lines in a License File. ', but there is no guideline on how to find License File for various OS.

Accepted Answer

MathWorks Support Team
MathWorks Support Team on 27 Jun 2009
As the documentation states, the exact license feature name can be found in the INCREMENT lines in a license file.
To find out where license files for MATLAB are located, please refer to the related solution 'Where are the license files for MATLAB located?'.

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