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English definition of “franchising”

franchising

noun [U]     /ˈfræntʃaɪzɪŋ/ COMMERCE
the business of selling people or companies the right to sell the products or services of your company: They claim that franchising is one of the most successful methods of starting your own business. a franchising business/company/operation
(Definition of franchising noun from the Cambridge Business English Dictionary © Cambridge University Press)
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