Franchise meaning

frănchīz
Franchise is defined as to grant authorization to someone to perform a service or operate a business.

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

verb
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(archaic) Freedom from some restriction, servitude, etc.
noun
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(business, marketing) The positive influence on the buying behavior of customers exerted by the reputation of a company or a brand.
noun
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The establishment of a corporation, including the granting of certain privileges such as exemption from individual liability for the acts of the corporation.
noun
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Any special right, privilege, or exemption granted by the government, as to be a corporation, operate a public utility, etc.
noun
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The definition of a franchise 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.

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.

noun
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A privilege or right granted by law, especially the right to vote in the election of public officials.
noun
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A special privilege given by government to a corporation or an individual to engage in a particular activity using public facilities, especially to provide a public service such as transportation or communications.
noun
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A professional sports team.
noun
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The territory or limits within which immunity, a privilege, or a right may be exercised.
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Designating a player on a professional team who is regarded as being essential to that team's success.
adjective
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A business that can be purchased for a fee and continued payment of royalties to the parent company. Examples of franchises are McDonalds and Dunkin’ Donuts Inc. The franchise comes with a brand name, established policies, and procedures for operations, and may have regional or national name recognition. A franchise allows an entrepreneur the opportunity to run his or her own business without the time and expense of having to start a business from the ground up. The franchiser also will likely serve as a consultant and offer advice, promotional assistance, and financing for the franchisee.
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A right granted by or pursuant to legislation, particularly the right to vote; the exclusive right under a licensing agreement to utilize a trademark and distribute the trademarked products or services in a particular area.
noun
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A right or privilege officially granted to a person, a group of people, or a company by a government.
noun
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An acknowledgment of a corporation's existence and ownership.
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The authorization granted by a company to sell or distribute its goods or services in a certain area.

McDonalds has exported its franchise.

noun
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A business operating under such authorization.
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noun
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The membership of a corporation or state; citizenship.
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The right to vote at a public election.
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The district or jurisdiction to which a particular privilege extends; the limits of an immunity; hence, an asylum or sanctuary.
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(sports) The collection of organizations in the history of a sports team; the tradition of a sports team as an entity, extending beyond the contemporary organization.

The Whalers' home city of Hartford was one of many for the franchise.

noun
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The loose collection of fictional works pertaining to a particular universe, including literary, film, or television series from various sources.

The Star Wars franchise.

noun
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Exemption from constraint or oppression; freedom; liberty.

noun
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To confer certain powers on; grant a franchise to; authorize.
verb
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(rare) To set free; invest with a franchise or privilege; enfranchise.
verb
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To grant a franchise to.
verb
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The right to vote; suffrage.
noun
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To grant a franchise to.
verb
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Origin of franchise

  • Middle English fraunchise from Old French franchise from franche feminine of franc free, exempt frank1

    From American Heritage Dictionary of the English Language, 5th Edition

  • From Middle English franchisen, fraunchisen, from Old French franchir (stem franchiss-, “to set free”), from franc (“free”). More at frank.

    From Wiktionary

  • From Middle English, from Old French franchise (“freedom”), a derivative of franc (“free”). More at frank.

    From Wiktionary