franchise

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

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▪ I. franchise fran‧chise 1 [ˈfræntʆaɪz] noun [countable] COMMERCE
1. an arrangement in which a company gives a business the right to sell its goods or services in return for a fee or a share of the profits:

• We operate all of our stores under a franchise.

• Disputes in the franchise industry typically involve such issues as contract termination, unpaid fees and territorial rights.

ˌmaster ˈfranchise also ˌarea ˈfranchise
a franchise to sell goods or services in a particular area or country:

• The US company has granted master franchise rights for the UK to Dublin-based company NDMG Holdings.

2. a particular shop, restaurant etc that is run under a franchise, or a company that owns a number of these:

• The franchise, with 10 dealerships in suburban Chicago, sold just 50 vehicles in December.

  [m0] ▪ II. franchise franchise 2 verb [intransitive, transitive] COMMERCE
to sell franchises to people:

• An increasing number of companies are expected to franchise their operations rather expand in traditional ways.

— franchising noun [uncountable] :

• We have a specialist team to give expert advice and assistance to people interested in franchising.

• an information sheet about franchising opportunities

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   Permission to distribute or sell a particular brand of goods or services in a specific area. A particular business that has been set up to exercise such a right. For example, an individual McDonald's restaurant can be a franchise.

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Ⅰ.
franchise UK US /ˈfræntʃaɪz/ noun [C or U] COMMERCE
► an arrangement in which a company sells another business the right to sell its products or services in return for payment: »

The bank is trying a scheme to let local managers work under franchise.

 »

Do buy a franchise with a strong brand.

 hold/own/have a franchise »

I don't believe they are a fit company to hold a franchise.

 win/lose a franchise »

The company won the franchise to sell and service the luxury car in the west of Scotland area.

 award/give/grant a franchise »

The company announced that it was not yet ready to award the franchise to either party.

 »

a franchise agreement/holder/fee

 »

a franchise company/business/operation

► a business that has bought the right to sell the products and services of another company: »

She returned to London where she now owns a Body Shop franchise.

 a rail/fast food/television franchise »

The most significant piece of news for the company was being declared preferred bidder for the rail franchise.

Ⅱ.
franchise UK US /ˈfræntʃaɪz/ verb [T] COMMERCE
► to sell a person or company the right to sell the products and services of your company: »

They made the decision to franchise the stores.


Financial and business terms. 2012.

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  • franchise — [ frɑ̃ʃiz ] n. f. • déb. XIIe; de 2. franc 1 ♦ Vx Liberté, indépendance. ♢ Anciennt Droit (privilège, immunité, etc.) limitant l autorité souveraine au profit d une ville, d un corps, d un individu. Charte, lettre de franchise (cf. Ville franche) …   Encyclopédie Universelle

  • franchisé — franchise [ frɑ̃ʃiz ] n. f. • déb. XIIe; de 2. franc 1 ♦ Vx Liberté, indépendance. ♢ Anciennt Droit (privilège, immunité, etc.) limitant l autorité souveraine au profit d une ville, d un corps, d un individu. Charte, lettre de franchise (cf.… …   Encyclopédie Universelle

  • Franchisé — Franchise (réseau commercial) Pour les articles homonymes, voir Franchise. La franchise est un accord commercial et juridique par lequel une entreprise appelée le franchiseur s engage à fournir à une seconde entreprise, dite franchisée, un savoir …   Wikipédia en Français

  • 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

  • franchise — Franchise, f. penac. Vient de Franc, et signifie liberté, Libertas, comme, Il a acquis franchise, E seruo liber factus est, Libertatem adeptus est. Il se prend aussi pour liberation d une debte. Selon ce on dit, Par laps de temps et negligence de …   Thresor de la langue françoyse

  • franchise — Franchise. s. f. Exemption, Immunité. La franchise des Eglises. joüir de la franchise d un lieu, d une ville. lieu de franchise. Il se dit aussi du Lieu mesme, & signifie, Asyle. On ne le sçauroit prendre en ce lieu là, c est une franchise. Il… …   Dictionnaire de l'Académie française

  • Franchise — generally means a right or privilege. It may refer to:*Suffrage, the civil right to vote *Franchising, a business method that involves licensing of trademarks and methods of doing business, such as: **Chain store, retail outlets which share a… …   Wikipedia

  • Franchise — (über das Englische von frz. franchise = Gebührenfreiheit) steht für: Franchising, ein Geschäftsmodell, vor allem im Einzelhandel und bei Dienstleistungsunternehmen Franchise (Medien), ein geistiges Eigentum im Bereich der Unterhaltungsmedien… …   Deutsch Wikipedia

  • franchise — ► NOUN 1) an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities. 2) a business or service granted such a franchise. 3) the right to vote in public elections. 4) N …   English terms dictionary

  • Franchise — Fran chise (? or ?; 277), n. [F., fr. franc, fem. franche, free. See {Frank}, a.] 1. Exemption from constraint or oppression; freedom; liberty. [Obs.] Spenser. [1913 Webster] 2. (LAw) A particular privilege conferred by grant from a sovereign or… …   The Collaborative International Dictionary of English

  • 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

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