Franchise definition and meaning | Collins English Dictionary
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A franchise is a type of retail business in which an individual or group is granted the right to market a company's goods or services within a certain territory ...
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Definitionof 'franchise'
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franchise
(fræntʃaɪz
)
Wordforms:plural,3rdpersonsingularpresent
tensefranchises
,presentparticiplefranchising
,pasttense,pastparticiplefranchised
1. countablenoun[oftnounNOUN,NOUNnoun]
Afranchiseisanauthoritythatisgivenbyanorganizationtosomeone,allowingthemtosell
itsgoodsorservicesortotakepartinanactivitywhichtheorganizationcontrols.
[business]...fast-foodfranchises.
...thefranchisetobuildandoperatethetunnel.
Talktootherfranchiseholdersandaskthemwhattheythinkoftheparentcompany.
Synonyms:authorization,right,permit,licence MoreSynonymsoffranchise
2. verb
Ifacompanyfranchisesitsbusiness,itsellsfranchisestoothercompanies,allowingthemtosellitsgoods
orservices.
[business]Shehasrecentlyfranchisedherbusiness.[VERBnoun]
Ittakeshundredsofthousandsofdollarstogetintothefranchisedpizzabusiness.[VERB-ed]
franchising
uncountablenounAnimportantaspectoffranchisingisthereducedriskofbusinessfailureitoffers
tofranchisees.
3. uncountablenoun[ofttheNOUN]
Franchiseistherighttovoteinanelection,especiallyoneinwhichpeopleelectaparliament.
...theintroductionofuniversalfranchise.
The1867ReformActextendedthefranchisetomuchofthemaleworkingclass.
Synonyms:vote,votingrights,suffrage,enfranchisement MoreSynonymsoffranchise
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franchiseinBritishEnglish
(ˈfræntʃaɪz
)
noun1. Seethefranchise
2. anyexemption,privilege,orrightgrantedtoanindividualorgroupbyapublicauthority,suchastherighttousepublic
propertyforabusiness
3. businessa. authorizationgrantedbyamanufacturingorentertainmententerprisetomarketitsproducts
b. anorganizationthatholdssuchanauthorization
4. thefullrightsofcitizenship
5. afilm,videogame,etcthatisorhasthepotentialtobepartofaseriesandlendsitselftomerchandising
6. (inmarineinsurance)asumorpercentagestatedinapolicy,belowwhichtheinsurerdisclaimsallliability
verb7. (transitive)business,mainlyUSandCanadian
togrant(aperson,firm,etc)afranchise
8. anobsoletewordforenfranchise
CollinsEnglishDictionary.Copyright©HarperCollinsPublishers
Derivedformsfranchisee(ˈfranchiˌsee)noun
franchiser(ˈfranchiser)orfranchisor(ˈfranchisor)noun
franchisement(ˈfræntʃɪzmənt
)noun
WordoriginC13:fromOldFrench,fromfranchirtosetfree,fromfrancfree;seefrank
WordFrequency
franchiseinAmericanEnglish
(ˈfrænˌtʃaɪz
)
noun1. Archaic
freedomfromsomerestriction,servitude,etc.
2.
anyspecialright,privilege,orexemptiongrantedbythegovernment,astobeacorporation,operateapublicutility,etc.
3.
therighttovote;suffrageusuallyprecededbythe
4. a.
therighttomarketaproductorprovideaservice,oftenexclusiveforaspecifiedarea,asgrantedbyamanufacturerorcompany
b.
abusinessgrantedsucharight
5. USa.
therighttoownamemberteamasgrantedbyaleagueincertainprofessionalsports
b.
suchamemberteam
verbtransitiveWordforms:ˈfranˌchisedorˈfranˌchising6.
tograntafranchiseto
adjective7.
designatingaplayeronaprofessionalteamwhoisregardedasbeingessentialtothatteam'ssuccess
Webster’sNewWorldCollegeDictionary,4thEdition.Copyright©2010by
HoughtonMifflinHarcourt.Allrightsreserved.
WordoriginME
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