It means that the business is 'doing business as'. A license might be obtained in a person's name, but in acutality they are doing business, dba, as ABC Company, for example.
Dba means 'doing business as'... so if a company is doing business under another name than the legal name of the corporation it would be doing business as Whatever. Another way to look at it is "also known as".
that is where you usually have a corporation or an individual open a business using a different name than there own, The DBA tells people who the real owners of the business are
DBA is doing business as. It is used as an abreiviation for John Jones doing business as (DBA) John's Construction Company. There is often no formal company (separate entity) formed, just a different name is used for the business.