Franchise (Noun)
Meaning 1
A statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote).
Classification
Nouns denoting attributes of people and objects.
Synonyms
Hyponyms
Meaning 2
An authorization to sell a company's goods or services in a particular place.
Classification
Nouns denoting communicative processes and contents.
Examples
- The company granted a franchise to a local entrepreneur to sell their brand of coffee in the city.
- She invested in a franchise to open a Subway restaurant in her hometown.
- The franchise agreement allowed the store owner to use the company's logo and sell their products exclusively.
- After researching several options, he decided to purchase a franchise to start a business selling ice cream.
- The company's franchise model had been successful in the United States and was now being expanded to other countries.
Hypernyms
Related Words
Meaning 3
A business established or operated under an authorization to sell or distribute a company's goods or services in a particular area.
Classification
Nouns denoting groupings of people or objects.