franchise
nounUK /ˈfræn.tʃaɪz/
US /ˈfræn.tʃaɪz/
A franchise is a business that lets someone sell a company's products using its name.
She bought a fast-food franchise and opened her own restaurant.
RELATED WORDS
OTHER MEANINGS
2. The right to vote in elections.
The new law gave the franchise to all adult citizens.
3. A series of movies or shows that share the same characters and story world.
The superhero franchise has released five films so far.
4. An official permission given by a company or government to do something.
The city granted a franchise to run the bus service.