transcription, транскрипция: [ fræntʃaɪz ]
( franchises, franchising, franchised)
1.
A franchise is an authority that is given by an organization to someone, allowing them to sell its goods or services or to take part in an activity which the organization controls. ( BUSINESS )
...fast-food franchises...
Talk to other franchise holders and ask them what they think of the parent company.
N-COUNT : oft n N , N to n , N n
2.
If a company franchises its business, it sells franchises to other companies, allowing them to sell its goods or services. ( BUSINESS )
She has recently franchised her business...
It takes hundreds of thousands of dollars to get into the franchised pizza business.
VERB : V n , V-ed
• fran‧chis‧ing
One of the most important aspects of franchising is the reduced risk of business failure it offers to franchisees.
N-UNCOUNT
3.
Franchise is the right to vote in an election, especially one in which people elect a parliament.
...the introduction of universal franchise...
The 1867 Reform Act extended the franchise to much of the male working class.
N-UNCOUNT : also the N