franchise
fran·chise /'fran-ˌchīz/ n [Anglo-French, literally, freedom, liberty, from Middle French, from franchir to free, from Old French franc free]
1: a special right or privilege granted by the government to an individual, group, or business entity: as
a: a right to conduct a business and esp. to be and to exercise the powers of a corporation
b: a right granted to a public utility company to provide services and to use public land for that purpose
2: a constitutional or statutory right; esp: the right to vote
— used with the
restricting them in employment, education, the franchise, legal personality, and public accommodation — W. H. Burns
3: a right or license that is granted to an individual or group to market a company's goods or services in a particular territory under the company's trademark, trade name, or service mark and that often involves the use of rules and procedures designed by the company and services (as advertising) and facilities provided by the company in return for fees, royalties, or other compensation; also: a business granted such a right or license
ran a fast-food franchise
4 a: an amount of liability (as a percentage or sum) specified in an insurance contract below which an insurer disclaims liability and above which the insurer assumes total liability compare deductible
b: group insurance covering fewer than the minimum number of participants required by law for such coverage

Merriam-Webster’s Dictionary of Law. . 1996.

franchise
I (license) noun allowance, assent, authorization, charter, concession, consent, dispensation, droit, exemption, favor, grace, grant, immunity, indulgence, leave, monopoly, pass, permission, permit, prerogative, privilege, recognition, right, sanction, sufferance, tolerance associated concepts: corporate franchise, federal franchise, franchise tax, grant of a franchise, irrevocable franchise, license, municipal franchise, perpetual franchises, personal franchise, public franchise, secondary franchise, special franchise II (right to vote) noun ballot, choice, discretion, enfranchisement, freedom of choice, liberty of choice, liberty to vote, option, prerogative, privilege, right of choice, right of representation, suffrage, vote, voting power III index charter (sanction), droit, empower, enfranchise, free, freedom, home rule, immunity, let (permit), liberate, liberty, license, prerogative, privilege, suffrage, tolerance

Burton's Legal Thesaurus. . 2006


franchise
n.
(1) The right to vote.
(2) A privilege granted by the government or a company to a person or company, allowing it to engage in a specific activity not permitted to most citizens; a license from the owner of a trademark to sell products under that name, under which the franchisee agrees to follow certain rules and the franchisor promises assistance through advertising and other services.
(3) A business owned by a franchisee.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


franchise
1. a business arrangement whereby a trader allows another to use his business expertise and to utilise the goodwill of the business and perhaps share its intellectual property in return for fees and commissions or a single price. The legal implications and documentation differ depending on the kind of franchise, but the arrangement produces money only because of the web of contractual documentation. The self-employed businessman who is the franchisee pays more than the usual start-up costs but is likely to be able to succeed if the franchise is one that has proven to be successful. The franchisee does not require to have so many business skills as the usual start-up or first-time entrepreneur.
2. in England the legal aid Board introduced a system of approving certain firms to offer legal aid, said to be franchised. The Board benefits from being able to impose efficiency controls, as does the lawyer by having greater flexibility over the granting of legal aid and better payment terms. It is not mandatory. Thus, solicitors can still offer legal aid even if they do not hold a franchise.

Collins dictionary of law. . 2001.


franchise
1) A right granted by the government to a person or corporation, such as a taxi permit, bus route, an airline's use of a public airport, business license, or corporate existence.
2) To grant (for a periodic fee or share of profits) the right to operate a business or sell goods or services under a brand or chain name. Well-known franchise operations include McDonald's, Holiday Inns, Ace Hardware, Rexall Drug Stores, and Amway Distributors.
Category: Business, LLCs & Corporations → Business Name, Location & Licenses
Category: Business, LLCs & Corporations → Buying or Selling a Business
Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc.

Nolo’s Plain-English Law Dictionary. . 2009.

franchise
A package of industrial or intellectual property rights relating to trade marks, trade names, shop signs, utility models, designs, copyright, know-how or patents to be exploited for the resale of goods or the provision of services to end users.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


franchise
n. A right granted by or pursuant to legislation, particularly the right to vote; the exclusive right under a licensing agreement to utilize a trademark and distribute the trademarked products or services in a particular area.

Webster's New World Law Dictionary. . 2000.


franchise
A special privilege to do certain things that is conferred by government on an individual or a corporation and which does not belong to citizens generally of common right, e.g., a right granted to offer cable television service.
A privilege granted or sold, such as to use a name or to sell products or services. In its simplest terms, a franchise is a license from the owner of a trademark (See trademarks) or trade name permitting another to sell a product or service under that name or mark. More broadly stated, a franchise has evolved into an elaborate agreement under which the franchisee undertakes to conduct a business or sell a product or service in accordance with methods and procedures prescribed by the franchisor, and the franchisor undertakes to assist the franchisee through advertising, promotion, and other advisory services.
The right of suffrage; the right or privilege of voting in public elections. Such right is guaranteed by the Fifteenth, Nineteenth, and Twenty-fourth Amendments to the U.S. Constitution.
As granted by a professional sports association, franchise is a privilege to field a team in a given geographic area under the auspices of the league that issues it. It is merely an incorporeal right.

Dictionary from West's Encyclopedia of American Law. 2005.


franchise
A special privilege to do certain things that is conferred by government on an individual or a corporation and which does not belong to citizens generally of common right, e.g., a right granted to offer cable television service.
 
A privilege granted or sold, such as to use a name or to sell products or services. In its simplest terms, a franchise is a license from the owner of a trademark or trade name permitting another to sell a product or service under that name or mark. More broadly stated, a franchise has evolved into an elaborate agreement under which the franchisee undertakes to conduct a business or sell a product or service in accordance with methods and procedures prescribed by the franchisor, and the franchisor undertakes to assist the franchisee through advertising, promotion, and other advisory services.
 
The right of suffrage; the right or privilege of voting in public elections. Such right is guaranteed by the Fifteenth, Nineteenth, and Twenty-fourth Amendments to the U.S. Constitution.
 
As granted by a professional sports association, franchise is a privilege to field a team in a given geographic area under the auspices of the league that issues it. It is merely an incorporeal right.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

franchise
   1) n. a right granted by the government to a person or corporation, such as a taxi permit, bus route, an airline's use of a public airport, business license or corporate existence.
   2) n. the right to vote in a public election.
   3) v. to grant (for a periodic fee or share of profits) the right to operate a business or sell goods or services under a brand or chain name. Well-known franchise operations include McDonald's, Holiday Inns, Ace Hardware, Rexall Drug Stores, and Amway Distributors.
   4) n. the right one has to operate a store or sell goods or services under a franchise agreement, as in "we have the Taco Bell franchise in our town."
   5) adj. referring to a "franchise tax" which is placed on businesses (especially corporations) for the right to conduct business, as distinguished from a tax on property, income or profits tax.

Law dictionary. . 2013.

Synonyms:

Look at other dictionaries:

  • franchise — [ frɑ̃ʃiz ] n. f. • déb. XIIe; de 2. franc 1 ♦ Vx Liberté, indépendance. ♢ Anciennt Droit (privilège, immunité, etc.) limitant l autorité souveraine au profit d une ville, d un corps, d un individu. Charte, lettre de franchise (cf. Ville franche) …   Encyclopédie Universelle

  • franchisé — franchise [ frɑ̃ʃiz ] n. f. • déb. XIIe; de 2. franc 1 ♦ Vx Liberté, indépendance. ♢ Anciennt Droit (privilège, immunité, etc.) limitant l autorité souveraine au profit d une ville, d un corps, d un individu. Charte, lettre de franchise (cf.… …   Encyclopédie Universelle

  • Franchisé — Franchise (réseau commercial) Pour les articles homonymes, voir Franchise. La franchise est un accord commercial et juridique par lequel une entreprise appelée le franchiseur s engage à fournir à une seconde entreprise, dite franchisée, un savoir …   Wikipédia en Français

  • franchise — Franchise, f. penac. Vient de Franc, et signifie liberté, Libertas, comme, Il a acquis franchise, E seruo liber factus est, Libertatem adeptus est. Il se prend aussi pour liberation d une debte. Selon ce on dit, Par laps de temps et negligence de …   Thresor de la langue françoyse

  • franchise — Franchise. s. f. Exemption, Immunité. La franchise des Eglises. joüir de la franchise d un lieu, d une ville. lieu de franchise. Il se dit aussi du Lieu mesme, & signifie, Asyle. On ne le sçauroit prendre en ce lieu là, c est une franchise. Il… …   Dictionnaire de l'Académie française

  • Franchise — generally means a right or privilege. It may refer to:*Suffrage, the civil right to vote *Franchising, a business method that involves licensing of trademarks and methods of doing business, such as: **Chain store, retail outlets which share a… …   Wikipedia

  • Franchise — (über das Englische von frz. franchise = Gebührenfreiheit) steht für: Franchising, ein Geschäftsmodell, vor allem im Einzelhandel und bei Dienstleistungsunternehmen Franchise (Medien), ein geistiges Eigentum im Bereich der Unterhaltungsmedien… …   Deutsch Wikipedia

  • franchise — ► NOUN 1) an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities. 2) a business or service granted such a franchise. 3) the right to vote in public elections. 4) N …   English terms dictionary

  • Franchise — Fran chise (? or ?; 277), n. [F., fr. franc, fem. franche, free. See {Frank}, a.] 1. Exemption from constraint or oppression; freedom; liberty. [Obs.] Spenser. [1913 Webster] 2. (LAw) A particular privilege conferred by grant from a sovereign or… …   The Collaborative International Dictionary of English

  • franchise — [fran′chīz΄] n. [ME < OFr < franc, free: see FRANK1] 1. Archaic freedom from some restriction, servitude, etc. 2. any special right, privilege, or exemption granted by the government, as to be a corporation, operate a public utility, etc. 3 …   English World dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”