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Definition of franchise noun from the Oxford Advanced Learner's Dictionary

franchise

noun
 
/ˈfræntʃaɪz/
 
/ˈfræntʃaɪz/
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  1. [countable, uncountable] formal permission given by a company to somebody who wants to sell its goods or services in a particular area; formal permission given by a government to somebody who wants to operate a public service as a business
    • a franchise agreement/company
    • a catering/rail franchise
    • In the reorganization, Southern Television lost their franchise.
    • to operate a business under franchise
    Collocations BusinessBusinessRunning 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/​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/​cutbacks
    Sales and marketing
    • break into/​enter/​capture/​dominate the market
    • gain/​grab/​take/​win/​boost/​lose market share
    • find/​build/​create a market for something
    • start/​launch an advertising/​a marketing campaign
    • develop/​launch/​promote a product/​website
    • create/​generate demand for your product
    • attract/​get/​retain/​help customers/​clients
    • drive/​generate/​boost/​increase demand/​sales
    • beat/​keep ahead of/​out-think/​outperform the competition
    • meet/​reach/​exceed/​miss sales targets
    Finance
    • draw up/​set/​present/​agree/​approve a budget
    • keep to/​balance/​cut/​reduce/​slash the budget
    • be/​come in below/​under/​over/​within budget
    • generate income/​revenue/​profit/​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
    • get/​obtain/​offer somebody/​grant somebody credit/​a loan
    • apply for/​raise/​secure/​arrange/​provide finance
    Failure
    • lose business/​trade/​customers/​sales/​revenue
    • accumulate/​accrue/​incur/​run up debts
    • suffer/​sustain enormous/​heavy/​serious losses
    • face cuts/​a deficit/​redundancy/​bankruptcy
    • file for/ (North American English) enter/​avoid/​escape bankruptcy
    • (British English) go into administration/​liquidation
    • liquidate/​wind up a company
    • survive/​weather a recession/​downturn
    • propose/​seek/​block/​oppose a merger
    • launch/​make/​accept/​defeat a takeover bid
    Extra Examples
    • Catering in the schools is run on a franchise basis.
    • TV franchises will be auctioned to the highest bidder.
    • The company has just won a television franchise.
    • The diving school has acquired a franchise for scuba equipment.
    • The franchise was awarded to a French company.
    • the company that holds the franchise for the south-east of the country
    Topics Businessc1
    Oxford Collocations Dictionaryadjective
    • fast-food
    • rail
    • sports
    verb + franchise
    • have
    • hold
    • own
    franchise + noun
    • system
    • business
    • company
    preposition
    • franchise for
    phrases
    • on a franchise basis
    See full entry
  2. [countable] a business or service run under franchise
    • They operate franchises in London and Paris.
    • He's got a job as manager of a burger franchise.
    • He runs a local pizza franchise.
    Topics Businessc1
    Oxford Collocations Dictionaryadjective
    • fast-food
    • rail
    • sports
    verb + franchise
    • have
    • hold
    • own
    franchise + noun
    • system
    • business
    • company
    preposition
    • franchise for
    phrases
    • on a franchise basis
    See full entry
  3. [uncountable] (formal) the right to vote in a country’s elections
    • universal adult franchise
    • The 1918 Reform Act extended the franchise to women over 30.
    Extra Examples
    • The franchise was later extended to all adults over eighteen.
    • He had to exercise the franchise on behalf of other council members.
    • It was decided that all men in the armed forces should qualify for the franchise.
    Topics Politicsc2
    Oxford Collocations Dictionaryadjective
    • democratic
    • universal
    • limited
    verb + franchise
    • qualify for
    • exercise
    • extend
    See full entry
  4. [countable] a set of films in which the same characters appear in related stories
    • Disney has successfully revived the ‘Star Wars’ franchise, with four films already released and more in the works.
    Topics Film and theatrec2
  5. see also enfranchise
    Word OriginMiddle English (denoting a grant of legal immunity): from Old French, based on franc, franche ‘free’, from medieval Latin francus ‘free’. Sense (3) dates from the late 18th cent. and senses (1 and 2) from the 20th cent.
See franchise in the Oxford Advanced American DictionarySee franchise in the Oxford Learner's Dictionary of Academic English
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