Legal Definition franchise noun fran·chise ˈfran-ˌchīz 1 : a special right or privilege granted by the government to an individual, group, or business entity: as a : a right to conduct a business and especially to be and to exercise the powers of a corporation b :...
Word History and Origins Origin offranchise1 First recorded in1250–1300;Middle English,fromOld French,derivative offranc“free”;frank1none Discover More Example Sentences Alright, I’m paraphrasing, but it’s true: A deluge of new franchise installments hitting theaters every year is as sure of...
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pluralfranchises Britannica Dictionary definition of FRANCHISE [count] 1 :the right to sell a company's goods or services in a particular area She was granted an exclusivefranchisein the city's west end. also:a business that is given such a right ...
A franchise definition is a business strategy where one party- a franchisee, acquires or leases the rights to an established brand from another party- the franchisor, for distributing products or services. In franchising, the franchisee can distribute products or services under the brand of the fra...
af·fran chise·mentnoun Discover More Word History and Origins Origin ofaffranchise1 1450–1500;late Middle English<Middle Frenchafranchiss-,long stem ofafranchir,verbal derivative, witha-a-5, offrancfree;frank1 Discover More Example Sentences ...
Define Elective franchise. Elective franchise synonyms, Elective franchise pronunciation, Elective franchise translation, English dictionary definition of Elective franchise. the privilege or right of voting in an election of public officers. See also: F
Additional Definition: The individual or individuals who own and operate a business under a licensing agreement granted by a parent company known as thefranchisor. Franchisees are commonly are entitled to: use the franchisor’strademarkand/ortrade name; sell and/or market thefranchisor’sproducts an...
1.1 What is the legal definition of a franchise? “Franchise” is not defined under English statutes and there is no clear definition under case law. Nevertheless, the British Franchise Association’s (“BFA”) Code of Ethics for Franchising (“Code”) (described further in question 1.9 below...
A remastered high definition version of Tom Clancy's Splinter Cell was released on the PlayStation 3 in September 2011. The success of the game series spawned a series of novels written under the pseudonym David Michaels. Buy atView on AMAZON...