I have two pcs with adobe photoshop elements 11. It is licensed for three. Is Elements 14 the same for licenses. Thanks
The number of activation are two on the same or different machine for retail purchase.
However you can always deactivate it to keep the activation in reserve when you are abandoning a machine https://helpx.adobe.com/x-productkb/policy-pricing/activate-deactivate-products.html
As Rajshree points out, your older Elements 11 is not licensed for 3 machines but for two - the same max number of activations as Elements 14.