Franchise - Definition

franchise

n 1: an authorization to sell a company's goods or services in a
particular place
2: a business established or operated under an authorization to
sell or distribute a company's goods or services in a
particular area [syn: franchise, dealership]
3: a statutory right or privilege granted to a person or group
by a government (especially the rights of citizenship and the
right to vote) [syn: franchise, enfranchisement]
v 1: grant a franchise to

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