Franchise
/ˈfræn.tʃaɪz/
Definitions
- (n.) A legal right granted by a government or company to an individual or group to market its products or services in a specific territory.
The company expanded its reach by selling franchises to local entrepreneurs.
- (n.) A privilege or right to vote in elections.
The civil rights movement fought for the franchise of all citizens.
- (v.) To grant a franchise to an individual or group.
The corporation decided to franchise its operations in new markets.
Forms
- franchises
- franchised
- franchising
Related terms
Commentary
In legal contexts, distinguish between franchise as a business arrangement and as an electoral right; precision in contract drafting avoids ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.