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  1. Dictionary
    franchise
    /ˈfran(t)ʃʌɪz/

    noun

    • 1. an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products: "Toyota granted the group a franchise" Similar warrantcharterlicencepermit
    • 2. the right to vote in public elections: "the franchise was limited to Estonian citizens"

    verb

    • 1. grant a franchise to (an individual or group): "a franchised dealer"

    More definitions, origin and scrabble points

  2. Jun 30, 2024 · A franchise is a business whereby the owner licenses its operations—along with its products, branding, and knowledge—in exchange for a franchise fee.

  3. FRANCHISE definition: 1. a right to sell a company's products in a particular area using the company's name: 2. the…. Learn more.

  4. The meaning of FRANCHISE is the right or license granted to an individual or group to market a company's goods or services in a particular territory; also : a business granted such a right or license. How to use franchise in a sentence.

  5. A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Technically, the contract binding ...

  6. Nov 7, 2023 · Understanding Franchise. A franchise is a business arrangement where one party, the franchisor, grants another party, the franchisee, the rights to use its brand, business model, and proprietary knowledge in exchange for a fee.

  7. Simply, a franchise is the right or license granted by a company (the franchisor) to an individual or group (the franchisee) to market its products or services in a specific territory or area. How Does a Franchise Work?

  8. Aug 18, 2023 · A franchise is a business whereby the owner licenses its operations—along with its products, branding, and knowledge—in exchange for a franchise fee.

  9. Feb 21, 2023 · A franchise is an authorization for an individual or group to sell a company's products and services under its name. Unless given a formal franchise agreement, the individual wouldn't be allowed to sell any commercialized product from the company.

  10. FRANCHISE meaning: 1. a right to sell a company's products in a particular area using the company's name: 2. the…. Learn more.

  11. Franchise definition: a privilege of a public nature conferred on an individual, group, or company by a government. See examples of FRANCHISE used in a sentence.