FRANCHISE

Definition of FRANCHISE

  1. (verb)grant a franchise to
  2. (noun)an authorization to sell a company's goods or services in a particular place
  3. (noun)a business established or operated under an authorization to sell or distribute a company's goods or services in a particular area
  4. (noun)a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote)