A family of Microsoft word processing software products for creating web, email, and print documents.
Several users have reported issues with activation for older perpetual (one-time purchase) licenses of Office over the past few days. It seems that reinstalling (if necessary) and then reactivating does fix the problem for many users.
I recommend that you report the issue directly to the Microsoft developers, by using the feedback portal at https://feedbackportal.microsoft.com/feedback/ .