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What (who) is franchise - definition
WIKIMEDIA DISAMBIGUATION PAGE
Franchises; Franchized; Franchise system; Franchize; Franchise (disambiguation)
franchise
1) n. a right granted by the government to a person or corporation, such as a taxi permit, bus route, an airline's use of a public airport, business license or corporate existence. 2) n. the right to vote in a public election. 3) v. to grant (for a periodic fee or share of profits) the right to operate a business or sell goods or services under a brand or chain name. Well-known franchise operations include McDonald's, Holiday Inns, Ace Hardware, Rexall Drug Stores, and Amway Distributors. 4) n. the right one has to operate a store or sell goods or services under a franchise agreement, as in "we have the Taco Bell franchise in our town." 5) adj. referring to a "franchise tax" which is placed on businesses (especially corporations) for the right to conduct business, as distinguished from a tax on property, income or profits tax.
Franchise
·adj Magnanimity; generosity; liberality; frankness; nobility.
II. Franchise ·adj Exemption from constraint or oppression; freedom; liberty.
III. Franchise ·vt To make free; to Enfranchise; to give liberty to.
IV. Franchise ·adj The district or jurisdiction to which a particular privilege extends; the limits of an immunity; hence, an asylum or sanctuary.
V. Franchise ·adj A particular privilege conferred by grant from a sovereign or a government, and vested in individuals; an imunity or exemption from ordinary jurisdiction; a constitutional or statutory right or privilege, ·esp. the right to vote.
franchise
n.
1.
Right, privilege.
2.
Immunity, exemption.
Examples of use of franchise
1. The Central lines will be shared among a new East Midlands franchise a new West Midlands franchise and an expanded CrossCountry franchise.
2. The Americans franchise kidnapping, interrogation.
3. Advertisement According to the franchise contract, toll rates are adjusted once every three years until 202', when the franchise expires.
4. "You‘re coaching a storied franchise," Brown said.
5. The franchise business proceeds apace in Hollywood.