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Franchise Definition–noun | 1. | a privilege of a public nature conferred on an individual, group, or company by a government: a franchise to operate a bus system. |
| 2. | the right or license granted by a company to an individual or group to market its products or services in a specific territory. |
| 3. | a store, restaurant, or other business operating under such a license. |
| 4. | the territory over which such a license extends. |
| 5. | the right to vote: to guarantee the franchise of every citizen. |
| 6. | a privilege arising from the grant of a sovereign or government, or from prescription, which presupposes a grant. |
| 7. | Sports Slang. a player of great talent or popular appeal, considered vitally important to a team's success or future. |
| 8. | a legal immunity or exemption from a particular burden, exaction, or the like. |
| 9. | Obsolete. freedom, esp. from imprisonment, servitude, or moral restraint. |
–verb (used with object) | 10. | to grant (an individual, company, etc.) a franchise: The corporation has just franchised our local dealer. |
| From Dictionary
Related topics from BritannicaSeaver, Tom American professional baseball player and one of the game's dominant pitchers between the late 1960s and early 1980s.marketing Franchise arrangements are characterized by a contractual relationship between a franchiser (a manufacturer, wholesaler, or service organization) and franchisees (independent entrepreneurs who ...
football, gridiron The two events most responsible for shaping the NFL for the 21st century took place off the field: a series of legal decisions established free agency for players and gave owners greater freedom to ...
marketing While merchants can sell their wares through a store or nonstore retailing format, retail organizations can also structure themselves in several different ways. The major types of retail ...
Sweden Politically, the economic development meant that a universal and equal franchise was more and more vociferously demanded. The issue was solved in 1907 by a compromise submitted by a Conservative ...
grandfather clause statutory or constitutional device enacted by seven Southern states between 1895 and 1910 to deny suffrage to American blacks; it provided that those who had enjoyed the right to vote prior to 1866 ...
Lippert, Felice Marks American businesswoman (b. 1929, New York, N.Y.-d. Feb. 22, 2003, Manhasset, N.Y.), with her husband and Jean Nidetch, cofounded Weight Watchers, one of the most successful weight-loss organizations ...
Baseball In 2004 Major League Baseball established a single-season attendance record of 73,022,969 spectators, surpassing the previous record set in 2000 and marking an 8.1% increase over the 2003 total. ...
Baseball Energized by an unprecedented home-run barrage featuring sluggers Mark McGwire and Sammy Sosa (see BIOGRAPHIES), in 1998 major league baseball produced a season that was hailed as the "greatest ever" ...
Hirpini in ancient times, an inland Samnite tribe in the south of Italy. To the north of them were the Pentri and Caraceni, who, with the Hirpini and Caudini, constituted the Samnite confederation in the ...
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