C1noun 2K

Franchise

🇬🇧 UK /["/ˈfræntʃaɪz/"]/ 🇺🇸 US /["/ˈfræntʃaɪz/"]/

Meaning of Franchise

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

In simple words: A business model where a person can sell a company's products or services.

Franchise in a sentence

• The fast-food chain offers a franchise to aspiring entrepreneurs.
• She bought a franchise to sell that popular brand's products in her city.
• The team has held the basketball franchise for over two decades.
• Owning a sports franchise can be a lucrative business investment.
• Consumers are demanding more transparency in franchise agreements.
• The government granted the company a franchise to operate the railway.
• The movie studio expanded its franchise by producing sequels and merchandise.
• He exercised his right to vote, exercising his franchise with pride.
• The video game franchise has fans all over the world.

How to use Franchise

Used when discussing business opportunities. Generally appropriate in formal and casual contexts, but may not be understood in non-business discussions.

Grammar pattern

franchise + object

Memory hint

Sounds like 'French eyes' - picture French chefs in a restaurant chain.

Related words

Collocations with Franchise

• fast-food
• rail
• sports
• have
• hold
• own
• system
• business
• company
• franchise for
• on a franchise basis
• fast-food
• rail
• sports
• have
• hold
• own
• system
• business
• company
• franchise for
• on a franchise basis
• democratic
• universal
• limited
• qualify for
• exercise
• extend

Synonyms for Franchise

• chain
• license
• branch
• dealership

Opposites of Franchise

• independence
• solo business

Common mistakes with Franchise

• Confused with 'franchising' which is the process of opening a franchise.
• Using the term to refer only to fast-food chains when it can apply to other businesses too.
• Mixing up 'franchise' with 'patent' as both relate to business rights.

Frequently asked questions about Franchise

What does Franchise mean?

A business model where a person can sell a company's products or services.

What is the definition of Franchise?

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

How do you use Franchise in a sentence?

The fast-food chain offers a franchise to aspiring entrepreneurs.

Can you give another example of Franchise?

She bought a franchise to sell that popular brand's products in her city.

What are synonyms for Franchise?

Common alternatives include chain, license, branch, dealership.

What is the opposite of Franchise?

Opposite meanings include independence, solo business.

What words go with Franchise?

It commonly pairs with fast-food, rail, sports, have, hold, own, system, business, company, franchise for, on a franchise basis, fast-food, rail, sports, have, hold, own, system, business, company, franchise for, on a franchise basis, democratic, universal, limited, qualify for, exercise, extend.

What are common mistakes when using Franchise?

Confused with 'franchising' which is the process of opening a franchise. Using the term to refer only to fast-food chains when it can apply to other businesses too. Mixing up 'franchise' with 'patent' as both relate to business rights.

How do you pronounce Franchise?

US: /["/ˈfræntʃaɪz/"]/, UK: /["/ˈfræntʃaɪz/"]/. Listen to the audio above to hear native pronunciation.

When should I use Franchise?

Used when discussing business opportunities. Generally appropriate in formal and casual contexts, but may not be understood in non-business discussions.

What CEFR level is Franchise?

"Franchise" is at C1 level on the CEFR scale.