franchise : Definition, Usages, News and More

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franchise

f ranchahyz

  • n  an authorization to sell a company's goods or services in a particular place
  • n  a business established or operated under an authorization to sell or distribute a company's goods or services in a particular area
  • n  a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote)
  • v  grant a franchise to

  • Criticized for being too slow paced and for having puzzles that were too hard, the franchise lost out to the heart-pumping action and 3D graphics served up by competitors.
  • He sold his first franchise in 1995 and has steadily racked up sales to 874--currently sold for $35,500 each and 5% of royalties.
  • The Atlanta team learned from the franchise owners that red beans are usually served as a dessert in Korea.
News & Articles

Quotes

  • LeBron James in ABC Online
    The things that the Miami Heat franchise have done to be able to free up (salary) cap space and to be able to put themselves in a position this summer to have all three of us, it was hard to turn down,James said. "Those are two great...
  • Ben Bernanke in International Herald Tribune
    If I thought the banks were irrevocably damaged, I would have a different view, but I do believe our major banks have significant franchise values,Bernanke said in testimony before the Senate Banking Committee in Washington.
  • Donnie Walsh in WWLP 22News
    We've had to live through some tough times in order to get where you think you start rebuilding the franchise,Walsh said. "We have that opportunity now. How well, how fast we can rebuild the team can be shortcut by getting great players."

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