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1. Dictionary

   fran·chise

   /ˈfranˌ(t)SHīz/

   noun

   • 1. an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products: "Toyota granted the group a franchise" Similar warrantcharterlicensepermitauthorizationpermissionsanctionconcessionprivilegeprerogativeseal 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"
   • ▪ (chiefly in North America) an ownership structure in professional sports in which a league is limited to a fixed number of teams.
   • ▪ 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: "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. 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. How to use franchise in a sentence.

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

   www.franchise.org › faqs › basics

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   What is a Franchise? 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.

5. marketbusinessnews.com › financial-glossary › franchisingWhat is franchising? Definition and examples - Market Business...

   marketbusinessnews.com › financial-glossary › franchising

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   Franchising is an arrangement in which the franchisor gives the franchisee the right to distribute and sell the franchisor’s goods or services and use its business name and business model for a specified period, and possibly covering a geographical area.

6. 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.

7. 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.

8. www.franchisedirect.com › ultimate-guide-to-franchising › whatWhat is Franchising? | Franchise Direct

   www.franchisedirect.com › ultimate-guide-to-franchising › what

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   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?

9. www.investopedia.com › terms › fFranchisee: Definition, Examples, Benefits, and Responsibilities

   www.investopedia.com › terms › f

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   Aug 18, 2023 · A franchisee is a business owner who is licensed to operate a branded outlet of a retail chain. The franchisee pays a fee to the franchisor for the right to sell its...

10. blog.hubspot.com › sales › what-is-a-franchiseWhat is a Franchise? - HubSpot Blog

    blog.hubspot.com › sales › what-is-a-franchise

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    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.

11. dictionary.cambridge.org › us › dictionaryFRANCHISE | definition in the Cambridge English Dictionary

    dictionary.cambridge.org › us › dictionary

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