franchisor

/ˈfræntʃaɪzər/
noun
  1. A company or person that grants a license to others to sell its products or services under its brand name.
    • As a franchisor, McDonald's sets strict standards for its restaurant operators.
    • The franchisor provided training and marketing support to all new franchisees.
    • Before signing the agreement, the franchisor reviewed the applicant's financial history.
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