A right or license granted to an individual or group to market a company's goods or services in a particular territory. The fast-food chain offered a franchise to local entrepreneurs to open new restaurants in the area.
A business or service given such a right or license. She decided to invest in a popular coffee shop franchise to start her own business.
The right to vote in public elections. The new law aimed to expand the franchise to include younger voters.
A series of related products or works, such as films or books, that share a common theme or setting. The movie franchise has released its fifth installment, continuing the story of the beloved characters.
A professional sports team, especially in North American leagues, regarded as a business entity. The franchise traded its star player during the off-season.