franchise
noun
[ ˈfran(t)ʃʌɪz ]
• an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products.
• "Toyota granted the group a franchise"
Similar:
warrant,
charter,
licence,
permit,
authorization,
permission,
sanction,
concession,
privilege,
prerogative,
seal of approval,
• the right to vote in public elections.
• "the franchise was limited to Estonian citizens"
franchise
verb
• grant a franchise to (an individual or group).
• "a franchised dealer"
Origin:
Middle English (denoting a grant of legal immunity): from Old French, based on franc, franche ‘free’ (see frank1). franchise (sense 2 of the noun) dates from the late 18th century and franchise (sense 1 of the noun) from the 20th century.
