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Definition of FRANCHISE
Pronunciation : FRANCHISE

noun : FRANCHISE

Source:WordNet 3.1

  • 1. (

    ) an authorization to sell a company's goods or services in a particular place ;

  • 2. (

    ) a business established or operated under an authorization to sell or distribute a company's goods or services in a particular area ;

  • 3. (

    ) a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote) ;

verb : FRANCHISE

Source:WordNet 3.1


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