franchise

Language: en

🇬🇧 /ˈfræˌntʃaɪz/ 🇺🇸 /ˈfræˌntʃaɪz/

📖 Definitions

  1. noun
    An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.; A business established or operated under an authorization to sell or distribute a company's goods or services in a particular area.; The right to vote in public elections; suffrage.; A sports team that is a member of a professional league, especially in North America.; A series of related films, books, or other media products featuring the same characters or setting.; A special privilege or right granted by a sovereign or government, such as the right to hold a market or fair.; An insurance deductible; the amount of a claim that the policyholder must pay before the insurer covers the rest.
  2. verb
    To grant a franchise to; to authorize someone to operate a business under one's brand name and system.; To grant the right to vote to; to enfranchise.
  3. noun
    The territory or area in which a franchisee is authorized to operate.; A constitutional or statutory right or privilege, especially one of a public nature.

🔗 Details

Word forms

countable Plural: franchises 3rd sing.: franchises Past: franchised Past part.: franchised Pres part.: franchising

Collocations

franchise agreementfranchise ownerfranchise playerbuy a franchisefranchise feefranchise rights

Derivatives

franchiseefranchisorfranchiserfranchising

Synonyms

licenseconcessioncharterpatentauthorization

Commonly confused

franchisee
EN: 'Franchisee' is the person who buys/operates a franchise; 'franchisor' is the company that grants it.
franchisor
EN: 'Franchisor' is the entity that grants the franchise rights; 'franchise' is the right or business itself.

Spelling tips

EN: The 'ch' in 'franchise' is pronounced as /ʃ/ (like 'sh'), not /tʃ/ (like 'church'), reflecting its French origin. Don't confuse the ending '-ise' with '-ize'.

💬 Examples

  1. She bought a fast-food franchise and opened three locations in the city.

  2. The franchise on Main Street has been serving customers for over a decade.

  3. The franchise was extended to women in the early twentieth century.

  4. The city was awarded a new franchise in the National Football League.

  5. The superhero franchise has generated billions of dollars in box office revenue.

  6. The medieval town held a royal franchise to host an annual fair.

  7. The policy has a franchise of $500, meaning smaller claims are not covered.

  8. The company decided to franchise its successful restaurant concept to entrepreneurs across the country.

  9. The new constitution franchised all adult citizens regardless of property ownership.

  10. His franchise covers the entire northern region of the state.