franchise
Language: English
Part of speech: noun
Pronunciation: ipa: /ˈfɹænt͡ʃaɪ̯z/
ipa: /ˈfɹænt͡ʃɪz/
Forms: form: franchises
Etymology: From Middle English franchise, fraunchise, from Old French franchise (“freedom”), a derivative of franc (“free”). More at frank.
Senses: glosses: The right to vote at a public election or referendum; see: suffrage.
examples: a. 1872, William H. Seward, debate
Election by universal suffrage, as modified by the Constitution, is the one crowning franchise of the American people.
glosses: A right or privilege officially granted to a person, a group of people, or a company by a government.
glosses: An acknowledgment of a corporation's existence and ownership.
examples: text: McDonald’s has exported its franchise.
glosses: The authorization granted by a company to sell or distribute its goods or services in a certain area.
examples: ref: 2015 February 17, “Former Taco Bell Employee Alleges Managers Used Racial Slurs In Suit Against Owner Of Local Franchise”, in CBS:
glosses: A business operating under such authorization, a franchisee.
glosses: A legal exemption from jurisdiction.
glosses: The membership of a corporation or state; citizenship.
examples: text: Churches and monasteries in Spain are franchises for criminals.
ref: 1810, “Franchise”, in James Millar, editor, Encyclopaedia Britannica:
glosses: The district or jurisdiction to which a particular privilege extends; the limits of an immunity; hence, an asylum or sanctuary.
examples: text: The Whalers' home city of Hartford was one of many for the franchise.
text: He devoted almost his full cricket career to playing county cricket for seven franchises until he earned a maiden callup at 35.
topics: hobbies
lifestyle
sports
glosses: The collection of organizations in the history of a sports team; the tradition of a sports team as an entity, extending beyond the contemporary organization.
examples: text: Once a brand has established a consumer franchise and a brand image, it takes a long time for these to decay, as the image is maintained more by people's personal familiarity with and usage of the brand than by external marketing stimuli.
ref: 2000, John Philip Jones, Behind powerful brands: from strategy to campaign, page 80:
text: Warren Buffett teaches us that the best business to own, the one with the best long-term prospects is a franchise - one that sells a product or service that is needed or desired, has no close substitute, and yields profits that are unregulated.
ref: 2002, Robert G. Hagstrom, The Essential Buffett: Timeless Principles for the New Economy, page 26:
text: Certain other industries have no plant. Value derives entirely from brand franchise. (Consulting firms, engineering firms, and advertising agencies do not talk about the value of their franchise. Instead, they talk about "reputation".)
ref: 2007, Jack L. Treynor, Treynor on institutional investing, page 354:
topics: business
marketing
glosses: The positive influence on the buying behavior of customers exerted by the reputation of a company or a brand.
examples: text: the Star Wars franchise
glosses: The loose collection of fictional works pertaining to a particular fictional universe, including literary, film, or television series from various sources, generally when all authorized by a copyright holder or similar authority.
examples: text: Ye[…]the love of ladies foule defame;
To whom the world this franchise ever yeelded,
That of their loves choise they might freedom clame.
ref: 1596, Edmund Spenser, “Book IV, Canto IX”, in The Faerie Queene. […], London: […] [John Wolfe] for William Ponsonbie, →OCLC:
glosses: Exemption from constraint or oppression; freedom; liberty.
glosses: Magnanimity; generosity; liberality; frankness; nobility.
Synonyms: sense: business operating under franchise
word: franchisee
sense: business operating under franchise
word: concession
Derived terms: disfranchise
effranchise
franchisal
franchisee
franchise player
franchiser
franchise records
franchisor
microfranchise
nonfranchise
subfranchise