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English definition of “franchise”

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franchise

verb [T]
 
 
/ˈfræntʃaɪz/ COMMERCE
to sell a person or company the right to sell the products and services of your company: They made the decision to franchise the stores.
Translations of “franchise”
in Chinese (Traditional) 向…授予(或出售)特許經銷權…
in Chinese (Simplified) 向…授予(或出售)特许经销权…
(Definition of franchise verb from the Cambridge Business English Dictionary © Cambridge University Press)
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