(~s, franchising, ~d)
1.
A ~ 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 ~s...
Talk to other ~ 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 ~s its business, it sells ~s to other companies, allowing them to sell its goods or services. (BUSINESS)
She has recently ~d her business...
It takes hundreds of thousands of dollars to get into the ~d pizza business.
VERB: V n, V-ed
franchising
One of the most important aspects of franchising is the reduced risk of business failure it offers to ~es.
N-UNCOUNT
3.
Franchise is the right to vote in an election, especially one in which people elect a parliament.
...the introduction of universal ~...
The 1867 Reform Act extended the ~ to much of the male working class.
N-UNCOUNT: also the N