area franchise

area franchise
area franchise area franchise franchise1

* * *

area franchise UK US noun [C] COMMERCE
MASTER FRANCHISE(Cf. ↑master franchise)

Financial and business terms. 2012.

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  • franchise — a business arrangement in which knowledge, expertise and often a trade mark or trade name are licensed to an operator, generally for an initial fee and a yearly payment. Glossary of Business Terms * * * ▪ I. franchise fran‧chise 1 [ˈfræntʆaɪz]… …   Financial and business terms

  • franchise — fran·chise / fran ˌchīz/ n [Anglo French, literally, freedom, liberty, from Middle French, from franchir to free, from Old French franc free] 1: a special right or privilege granted by the government to an individual, group, or business entity:… …   Law dictionary

  • area development agreement — An agreement entered into by a franchisor and an operator where the operator is obliged to operate franchise outlets itself within a specified area and cannot sub franchise to third parties. Practical Law Dictionary. Glossary of UK, US and… …   Law dictionary

  • franchise — [fran′chīz΄] n. [ME < OFr < franc, free: see FRANK1] 1. Archaic freedom from some restriction, servitude, etc. 2. any special right, privilege, or exemption granted by the government, as to be a corporation, operate a public utility, etc. 3 …   English World dictionary

  • franchise — A special privilege to do certain things conferred by government on individual or corporation, and which does not belong to citizens generally of common right; e.g., right granted to offer cable television service. Artesian Water Co. v. State,… …   Black's law dictionary

  • franchise — A special privilege to do certain things conferred by government on individual or corporation, and which does not belong to citizens generally of common right; e.g., right granted to offer cable television service. Artesian Water Co. v. State,… …   Black's law dictionary

  • franchise — I UK [ˈfræntʃaɪz] / US [ˈfrænˌtʃaɪz] noun Word forms franchise : singular franchise plural franchises * 1) [countable/uncountable] a formal agreement for someone to sell a company s products or services in a particular place, in exchange for a… …   English dictionary

  • franchise — n. the right to vote 1) to exercise one s franchise the license to sell a product or services in a certain area 2) to grant a franchise 3) to have, hold a franchise 4) to withdraw a franchise * * * [ fræntʃaɪz] hold a franchise [ the license to… …   Combinatory dictionary

  • Franchise validation — During the process of investigating a franchise opportunity a prospective buyer (prospect) will interview current franchise owners (franchisees). This step is often referred to as validation. During the validation process, the prospect will call… …   Wikipedia

  • franchise — 01. The Chicago Cubs baseball team are the oldest [franchise] in professional sports, dating back to the late 1800s. 02. Before purchasing a [franchise], you should do research and evaluate which [franchise] business is right for you. 03. Our… …   Grammatical examples in English

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