Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “franchise”

franchise

noun [C or U]
 
 
/ˈfræntʃaɪz/ COMMERCE
an arrangement in which a company sells another business the right to sell its products or services in return for payment: The bank is trying a scheme to let local managers work under franchise. Do buy a franchise with a strong brand.hold/own/have a franchise I don't believe they are a fit company to hold a franchise.win/lose a franchise The company won the franchise to sell and service the luxury car in the west of Scotland area.award/give/grant a franchise The company announced that it was not yet ready to award the franchise to either party. a franchise agreement/holder/fee a franchise company/business/operation
a business that has bought the right to sell the products and services of another company: She returned to London where she now owns a Body Shop franchise.a rail/fast food/television franchise The most significant piece of news for the company was being declared preferred bidder for the rail franchise.
(Definition of franchise noun from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of franchise?
Add Cambridge dictionaries to your browser to your website

Definitions of “franchise” in other dictionaries

Word of the Day

from the word go

from the start of something

Word of the Day

Countability – grammar codes

by Dom Glennon​​,
November 26, 2014
Advices and informations Have you ever noticed strange codes in square brackets on entries in Cambridge Dictionaries Online and wondered what they mean? These are grammar codes, giving you a brief summary of how that word behaves grammatically. More information can be obtained by hovering your cursor over the code, and there’s

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More