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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 warrantcharterlicencepermitauthorizationpermissionsanctionconcessionprivilegeprerogativeseal of approval
   • ▪ a business or service given a franchise to operate: "fast-food franchises dot the roadside"
   • ▪ a general title or concept used for creating or marketing a series of products, typically films or television shows: "the Harry Potter franchise"
   • ▪ an authorization given by a league to own a sports team: North American "the two cities will be awarded franchises as the teams join the National League"
   • ▪ a professional sports team. informal North American
   • ▪ a star player in a team. informal North American
   • 2. the right to vote in public elections: "the franchise was limited to Estonian citizens"
   • ▪ the rights of citizenship: "the bishop's authority was deployed to extend the franchise of civilized Christian living" Similar suffragethe votethe right to votevoting rightsenfranchisementa voiceone's sayOpposite disenfranchisement

   verb

   • 1. grant a franchise to (an individual or group): "a franchised dealer"
   • ▪ grant a franchise for the sale of (goods) or the operation of (a service): "all the catering was franchised out"

   Word Origin Middle English (denoting a grant of legal immunity): from Old French, based on franc, franche ‘free’ (see frank1). franchise (sense 2 of the noun) dates from the late 18th century and franchise (sense 1 of the noun) from the 20th century.

   Scrabble Points: 17

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2. www.investopedia.com › terms › fWhat Is a Franchise, and How Does It Work? - Investopedia

   www.investopedia.com › terms › f

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   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. dictionary.cambridge.org › dictionary › englishFRANCHISE | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   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. www.franchiseclues.com › franchise-101 › what-is-a-franchiseWhat Is A Franchise? How Does it Work?

   www.franchiseclues.com › franchise-101 › what-is-a-franchise

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   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.

5. www.franchise.org › faqs › basicsFranchising Definition & Meaning | Franchise Business Format

   www.franchise.org › faqs › basics

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   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.

6. www.britannica.com › money › what-is-franchisingWhat Is Franchising & How Does It Work? | Britannica Money

   www.britannica.com › money › what-is-franchising

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   A franchise is a business agreement in which a business (franchisor) grants another person or business (franchisee) the right to use its trademark brand and business systems in exchange for ongoing royalties and/or fees. Think of it as opening up and operating your own business, but as an extension of another business.

7. www.merriam-webster.com › dictionary › franchiseFranchise Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › franchise

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   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.

8. smallbiztrends.com › what-is-a-franchiseWhat Is a Franchise? - Small Business Trends

   smallbiztrends.com › what-is-a-franchise

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   Feb 12, 2024 · What Is a Franchise? This is a business system that distributes products and services under a contractual relationship. Franchise owners are often entrepreneurs who partner with corporate brands. The franchisee operates under the franchisor’s products, logo, and brand name.