Meaning of “franchise” in the English Dictionary

"franchise" in British English

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franchisenoun

uk /ˈfræn.tʃaɪz/ us /ˈfræn.tʃaɪz/

franchise noun (BUSINESS)

[ C ] a right to sell a company's products in a particular area using the company's name:

a fast-food franchise
a franchise holder

More examples

  • The Commission felt the company were overbidding and gave the franchise to their competitors instead.
  • The company expanded rapidly during the 1980s by means of franchises.
  • Each store is owned by an individual who pays a fee for the franchise.
  • The franchise has proved to be extremely lucrative.
  • He lost the franchise after failing to meet the specified standards.

franchise noun (FILMS)

[ C ] a series of films that have the same or similar titles and are about the same characters:

The next instalment in the Star Wars franchise is out soon.
the "Spiderman" movie franchise

franchiseverb [ T ]

uk /ˈfræn.tʃaɪz/ us /ˈfræn.tʃaɪz/

(Definition of “franchise” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"franchise" in American English

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franchisenoun

us /ˈfræn·tʃɑɪz/

franchise noun (BUSINESS)

[ C ] a right to sell a company’s products in a particular area using the company’s name

franchise noun (VOTE)

politics & government [ U ] the right to vote:

Women in the US won the franchise in 1920.

(Definition of “franchise” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"franchise" in Business English

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franchisenoun [ C or U ]

uk /ˈfræntʃaɪz/ us 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 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.

franchiseverb [ T ]

uk /ˈfræntʃaɪz/ us 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.

(Definition of “franchise” from the Cambridge Business English Dictionary © Cambridge University Press)