Want to say franchises differently? Here are other words for franchises and its similar synonyms and opposite words to say in unique way.
Meaning of franchises
The primary meaning of the word "franchises" refers to a business or organization that has been granted permission to operate under a particular name or system, or a right or privilege granted to a person or group.
Etymology of franchises
The word "franchise" originates from the Old French word "franchise," meaning "freedom" or "exemption," which is derived from the Latin word "francus," meaning "free."
Historically, the term "franchise" referred to a privilege or right granted to a person or group, such as the right to vote or the privilege of operating a business.
Over time, the term has evolved to include the concept of a business or organization operating under a particular name or system.
Synonyms
Definitions
- A business or organization that has been granted permission to operate under a particular name or system, typically in exchange for a fee or other consideration.
- A right or privilege granted to a person or group, such as the right to vote or the privilege of operating a business.
- The right to engage in a particular activity or business, such as a franchise to operate a taxi service or a franchise to sell a particular product.
Usage Examples
- The company has franchises in several countries around the world, each operating under the same brand name.
- The city has granted a franchise to a new taxi service, allowing it to operate exclusively in the area.
- The athlete's franchise player status means that he is eligible for a significant contract extension.