Meaning Of The Word Franchise
What's the definition of Franchise? Find Franchise meanings, definitions and more at the Real Dictionary online.
Franchise Meaning
| Franchise Definition |
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What's The Definition Of Franchise?
franchise
A franchise is an authority that is given by an organization to someone, allowing them to sell its goods or services or to take part in an activity which the organization controls. verb: If a company franchises its business, it sells franchises to other companies, allowing them to sell its goods or services. franchise in American English designating a player on a professional team who is regarded as being essential to that team's success freedom from some restriction, servitude, etc. to grant a franchise to noun: a privilege of a public nature conferred on an individual, group, or company by a government transitive verb: to grant (an individual, company, etc.) a franchise franchise in British English noun verb: to grant (a person, firm, etc) a franchise franchise in Insurance noun: In marine insurance, a franchise is a sum or percentage stated in a policy, below which the insurer does not have liability. franchise in Retail noun: A franchise is a type of retail business in which an individual or group is granted the right to market a company's goods or services within a certain territory or location. |
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