From Longman Dictionary of Contemporary Englishfranchisefran‧chise1 /ˈfræntʃaɪz/ ●○○ noun 1 a) [countable, uncountable] permission given by a company to someone who wants to sell its goods or services a franchise holder a franchise agreementunder (a) franchise The beer is brewed under franchise. b) [countable] a business, shop etc that is run under franchise2 [countable] American English a professional sports team3 [uncountable] formalPPV the legal right to vote in your country’s elections
Examples from the Corpus
franchise• The constitution provided broad electoral franchise.• In Atlanta, the Marlins dominated a team that won 101 games and became the first franchise to reach six straight postseasons.• The city was still negotiating with cable TV companies over who'd get the first franchise to beam programs into people's homes.• Many towns were full of shopping malls and fast-food franchises.• Some attributed the growth to the democratization of the Poor Law franchise in 1894.• Brooks Marketing, which owns the Burke's franchise, is offering about 10 percent of its equity in return for £150,000.• Railtrack will own the infrastructure but the successful bidder for the franchise will run the trains.• And I might get the franchise.• The franchise consists of more than 3,000 offices across the country.• The franchise was later extended to any person over 18 years old.• This franchise will never have another second baseman as talented as Roberto Alomar.franchise holder• In addition, TeleWest says that it is in negotiation with other cable franchise holders on possible interconnection of their networks.• But how should the existing franchise holders be treated?• Discounts vary between individual franchise holders.• He joins the company from another major franchise holder in County Durham.• The government mandates the franchise holder to supply all the electricity required by all users in the franchise area.• Videopics is presently training franchise holders in a Christmas promotion of personalised T-shirts for teddy bears.franchisefranchise2 verb [transitive] BBto give or sell a franchise to someone→ See Verb tableExamples from the Corpus
franchise• By 1978, Supercuts had six stores in the San Francisco area and began franchising.• However, since franchising began in 1994, only 420 applicants had failed to pass the preliminary audit.• He said interesting and constructive submissions on franchising had been received from the private sector and these were being examined closely.• Advice on franchising has been provided by merchant banker Hambros.• Color Me Mine in Van Nuys added three of its four stores during the past 12 months and began franchising the concept.• What a pity the venture can't franchise these things.• The corporation that owns the spa is hoping to franchise this treatment nationally.From Longman Business Dictionaryfranchisefran‧chise1 /ˈfræntʃaɪz/ noun [countable]COMMERCE1an 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 profitsWe operate all of our stores under afranchise.Disputes in the franchise industry typically involve such issues as contract termination, unpaid fees and territorial rights.2a particular shop, restaurant etc that is run under a franchise, or a company that owns a number of theseThe franchise, with 10 dealerships in suburban Chicago, sold just 50 vehicles in December.franchisefranchise2 verb [intransitive, transitive]COMMERCE to sell franchises to peopleAn 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→ See Verb tableOrigin franchise1 (1300-1400) Old French franchir “to set free”, from franc; → FRANK1 