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Franchises

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fran⋅chise

  [fran-chahyz] noun, verb, -chised, -chis⋅ing.
–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.
11. enfranchise.
Use Franchises in a Sentence
Origin:
1250–1300; ME < OF, deriv. of franc free. See frank 1

Related forms:
fran⋅chis⋅a⋅ble, adjective
fran⋅chis⋅a⋅bil⋅i⋅ty, noun
fran⋅chise⋅ment  [fran-chahyz-muhnt, -chiz-] , noun
Franchise For Sale
Buy a Premier Restaurant Franchise Get the Info You Need to Succeed!
www.QuiznosFranchises.com
Pump It Up for Sale
Incredible business opportunity 2 locations in Richmond, VA
www.pumpitupforsale.com

en⋅fran⋅chise

  [en-fran-chahyz]
–verb (used with object), -chised, -chis⋅ing.
1. to grant a franchise to; admit to citizenship, esp. to the right of voting.
2. to endow (a city, constituency, etc.) with municipal or parliamentary rights.
3. to set free; liberate, as from slavery.
Also, franchise.

Origin:
1505–15; < MF, OF enfranchiss- (long s. of enfranchir to free), equiv. to en- en- 1 + franch- free (see frank 1 ) + iss- -ish 2

Related forms:
en⋅fran⋅chise⋅ment  [en-fran-chahyz-muhnt, -chiz-] , noun
en⋅fran⋅chis⋅er, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2010.
Cite This Source Link To Franchises
fran·chise   (frān'chīz')   
n.  

  1. A privilege or right officially granted a person or a group by a government, especially:

    1. The constitutional or statutory right to vote.

    2. The establishment of a corporation's existence.

    3. The granting of certain rights and powers to a corporation.

    4. Legal immunity from servitude, certain burdens, or other restrictions.

    5. Authorization granted to someone to sell or distribute a company's goods or services in a certain area.

    6. A business or group of businesses established or operated under such authorization.

    7. A brand name under which a series of products is released.

    1. Authorization granted to someone to sell or distribute a company's goods or services in a certain area.

    2. A business or group of businesses established or operated under such authorization.

    3. A brand name under which a series of products is released.

  3. The territory or limits within which immunity, a privilege, or a right may be exercised.

  4. A professional sports team.

tr.v.   fran·chised, fran·chis·ing, fran·chis·es
To grant a franchise to.

[Middle English fraunchise, from Old French franchise, from franche, feminine of franc, free, exempt; see frank1.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Cultural Dictionary

franchise

In business, a relationship between a manufacturer and a retailer in which the manufacturer provides the product, sales techniques, and other kinds of managerial assistance, and the retailer promises to market the manufacturer's product rather than that of competitors. For example, most automobile dealerships are franchises. The vast majority of fast food chains are also run on the franchise principle, with the retailer paying to use the brand name.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Word Origin & History

enfranchise 
1531, from O.Fr. enfranchiss-, extended stem of enfranchir, from en- "make, put in" + franc "free" (see franchise).

franchise 
c.1290, from O.Fr. franchise "freedom," from variant stem of franc "free" (see frank). Sense narrowed 18c. to "particular legal privilege," then "right to vote" (1790). Meaning "authorization by a company to sell its products or services" is from 1959.
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

franchise

  1. An agreement between a firm and another party in which the firm provides the other party with the right to use the firm's name and to sell or rent its products. Selling franchise rights is a method of expanding a business quickly with a minimum of capital. See also franchisee, franchisor.

  2. A right granted to another party by a government to engage in certain types of business. For example, a firm may obtain a government franchise to supply certain public services within a limited geographic region.


Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: en·fran·chise
Pronunciation: in-'fran-"chIz
Function: transitive verb
Inflected Forms: -chised; -chis·ing
: to grant franchise to; especially : to admit to the privileges of a citizen and esp. to voting rights enfranchised all citizens over 18 years of age> —compare EMANCIPATE

Main Entry: fran·chise
Pronunciation: 'fran-"chIz
Function: noun
Etymology: 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: as a : a right to conduct a business and esp. to be and to exercise the powers of a corporation b : a right granted to a public utility company to provide services and to use public land for that purpose
2 : a constitutional or statutory right; especially : the right to vote —used with the franchise, legal personality, and public accommodation —W. H. Burns>
3 : a right or license that is granted to an individual or group to market a company's goods or services in a particular territory under the company's trademark, trade name, or service mark and that often involves the use of rules and procedures designed by the company and services (as advertising) and facilities provided by the company in return for fees, royalties, or other compensation; also : a business granted such a right or license franchise>
4 a : an amount of liability (as a percentage or sum) specified in an insurance contract below which an insurer disclaims liability and above which the insurer assumes total liability —compare DEDUCTIBLE b : group insurance covering fewer than the minimum number of participants required by law for such coverage
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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