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Word: franchise
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Meaning:
Noun:
- A business operating under such authorization.
- A legal exemption from jurisdiction.
- An acknowledgment of a corporation's existence and ownership.
- A right or privilege officially granted to a person, a group of people, or a company by a government.
- obsolete Magnanimity; generosity; liberality; frankness; nobility.
- The authorization granted by a company to sell or distribute its goods or services in a certain area.
- The collection of organizations in the history of a sports team; the tradition of a sports team as an entity, extending beyond the contemporary organization.
- The loose collection of fictional works pertaining to a particular universe, including literary, film, or television series from various sources.
- The membership of a corporation or state; citizenship.
- The right to vote at a public election.
Source: Wiktionary
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Verb:
- transitive|rare To set free; invest with a franchise or privilege; enfranchise.
- transitive To confer certain powers on; grant a franchise to; authorize.
Source: Wiktionary
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