Definition of Franchise
Franchise
fran·chise
Definition/Meaning
(noun)
the privilege, right, or license granted to a group or individual to carry out commercial activities such as marketing;
e.g. The chain restaurant granted the group a franchise in the city.
(noun)
the right to vote;
e.g. The franchise was limited to the citizens of the country.
(noun)
the right of having a membership in a professional sports league or team;
e.g. He is one of the best football players in the history of the franchise.
(noun)
a service or business that is given the franchise to operate;
e.g. There are many McDonald's franchises all over the world.
(verb)
to grant a franchise to someone;
e.g. He has been franchised by 5 companies to open up chain businesses in the fast-growing town.
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