What Is Meant By MIT License?
The MIT License is a permissive free software license originating at the Massachusetts Institute of Technology (MIT) in the late 1980s. ... Any software licensed under the terms of the MIT License can be integrated with software licensed under the terms of the GNU GPL.
The MIT license is a great choice because it allows you to share your code under a copyleft license without forcing others to expose their proprietary code, it's business friendly and open source friendly while still allowing for monetization.
Why I Use the MIT License - Bill Patrianakos
The most popular open source license as of this writing is the MIT license. MIT is what's known as a permissive license, meaning you can use software under the MIT license with minimal restrictions.
Open Source Software Licenses 101: The MIT License - FOSSA
The MIT License is an agreement commonly used by software developers when they release Free and Open Source software. It is more precisely named the Expat License, to disambiguate it from similar licenses.
MIT License FAQ - Tawesoft Knowledge Base