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1. A privilege or right granted by law, especially the right to vote in the election of public officials.
2. A special privilege given by government to a corporation or an individual to engage in a particular activity using public facilities, especially to provide a public service such as transportation or communications.
3. The establishment of a corporation, including the granting of certain privileges such as exemption from individual liability for the acts of the corporation.
a. Authorization granted to someone to sell or distribute a company's goods or services in a certain area.
b. A business or group of businesses established or operated under such authorization.
c. A brand name under which a series of products is released.
5. The territory or limits within which immunity, a privilege, or a right may be exercised.
6. A professional sports team.
tr.v. fran·chised, fran·chis·ing, fran·chis·es
To grant a franchise to.

[Middle English fraunchise, from Old French franchise, from franche, feminine of franc, free, exempt; see frank1.]


[ˈfræntʃaɪzɪŋ] Nfranquiciamiento m
References in periodicals archive ?
The Nemos Seafood owners are discovering that franchising their business has tremendous advantages, from expanding with minimal capital investment--since franchisees provide the initial investment--to competing more effectively against much larger competitors.
From the learning curve to successfully oversee a franchise, to the evolution of the franchisee-franchiser relationship, to skillfully locating optimum franchise opportunities and following a six-step franchise investigation process, Street Smart Franchising spells out the risks and the rewards in plain terms.
Once a Latin American franchising industry leader, the company reported a loss in the fourth quarter of 2002--the first in the company's history--and began shutting some of its glass double doors after approximately US$67.
FRANCHISING DREAMS: The Lure of Entrepreneurship in America by Peter Birkeland University of Chicago Press, $22.
We also consider the number of years in business, the length of time franchising, start-up costs, litigation, percentage of terminations and whether the company provides financing.
Franchise Update Online also has a paid directory of franchise attorneys, a National Franchise Resale Network, a library of articles about franchising, and the opportunity to order print publications.
Thousands of other women have followed Shaw into the franchising world, which now has a workforce of more than 8 million people.
When the International Franchise Association created the Women's Franchise Committee (WFC) in 1996 the number of women-owned businesses was on the rise and many of those entrepreneurs were taking an interest in franchising.
The fad has even spawned its own service industry: Business schools offer courses in franchising, attorneys specialize in franchise law, banks advertise special financing plans and consultants are putting on franchise trade fairs.