Dictionary Home » Dictionary Definitions » franchise

franchise

Listen See in Thesaurus See in a sentence

Afranchise is permission granted by the government or by a company to take a certain action, or a franchise is the entity which has such authorization. (noun)

When the Dairy Queen company gives an investor permission to open a Dairy Queen store in his own home town, this is an example of a franchise.
The Dairy Queen that is opened with permission by the Dairy Queen company is an example of a franchise.

To franchise is to grant authorization to someone to perform a service or operate a business. (verb)

When a company grants permission for someone to open a branch of their company, this is an example of to franchise.

See franchise in Webster's New World College Dictionary