Definition of franchise noun from the Oxford Advanced American Dictionary

     

    franchise

     noun
    noun
    NAmE//ˈfræntʃaɪz//
     
     
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  1. 1 [countable, uncountable] formal permission given by a company to someone who wants to sell its goods or services in a particular area; formal permission given by a government to someone who wants to operate a service such as television or radio broadcasting a franchise agreement/company a television franchise In the reorganization, part of the former corporation lost its franchise. to operate a business under franchise Topic CollocationsBusinessrunning a business buy/acquire/own/sell a company/firm/franchise set up/establish/start/start up/launch a business/company run/operate a business/company/franchise head/run a firm/department/team make/secure/win/lose/block a deal expand/grow/build the business boost/increase investment/spending/sales/turnover/earnings/exports/trade increase/expand production/output/sales boost/maximize production/productivity/efficiency/income/revenue/profit/profitability achieve/maintain/sustain growth/profitability cut/reduce/bring down/lower/slash costs/prices announce/impose/make cuts/cutbackssales and marketing break into/enter/capture/dominate a market capture/gain/grab/take/win/boost/lose market share identify/find/build/create a market for something start/launch an advertising/a marketing campaign develop/launch/promote a product/Web site estimate/assess/create/generate demand for your product attract/get/retain/keep/help customers/clients drive/generate/boost/increase demand/sales beat/keep ahead of/out-think/outperform/ (informal) stymie the competition meet/reach/exceed/miss sales targetsfinance draw up/set/present/propose/agree on/approve a budget keep to/balance/cut/reduce/slash the budget be/come in below/under/over/within budget generate income/revenue/profit(s)/funds/business fund/finance a campaign/a venture/an expansion/spending/a deficit provide/raise/allocate capital/funds attract/encourage investment/investors recover/recoup costs/losses/an investment/an outlay get/obtain/offer somebody/grant somebody credit/a loan apply for/raise/secure/arrange/provide financingfailure lose business/trade/customers/sales/revenue accumulate/accrue/incur/run up debts suffer/sustain enormous/heavy/serious losses face cuts/a deficit/bankruptcy/a shortfall declare/file for/enter/avoid/escape bankruptcy liquidate a company/a business/assets survive/weather a recession/downturn propose/seek/block/oppose a merger launch/make/accept/contest/defeat a takeover bid
  2. 2 [countable] a business or service run under franchise They operate franchises throughout the United States and Canada. a fast-food franchise
  3. 3 [uncountable] (formal) the right to vote in a country's elections universal adult franchise In some countries, the franchise has still not been extended to women. synonym suffrage see also enfranchise
  4. 4[countable] a professional sports team
See the Oxford Advanced Learner's Dictionary entry: franchise

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