franchise
/ˈfræntʃaɪz/
noun
- A business model in which a company (the franchiser) gives an individual or group (the franchisee) the right to sell its products or services in a specific area.
- Many coffee shops operate as a franchise rather than a standalone business.
- She bought a fast-food franchise and opened her own restaurant.
- The franchise agreement requires the owner to follow strict brand guidelines.
- The right to vote in public elections.
- In many countries, the voting franchise was extended to women in the early 20th century.
- The struggle for the franchise was a key part of the civil rights movement.
- Every citizen over 18 has the franchise to vote in national elections.
- A series of related movies, books, or other media that share a brand or universe.
- The studio plans to launch a new superhero franchise next year.
- Video game franchises often release sequels every few years.
- The Harry Potter franchise includes books, films, and theme parks.
Synonyms
verb
- To grant a license to an individual or group to operate a business under a company's brand and system.
- The company decided to franchise its successful restaurant chain nationwide.
- The brand has franchised over 200 locations in the past decade.
- They franchise their business model to entrepreneurs who want to open their own stores.
Synonyms
Antonyms