franchise
word
Definition
A franchise is a business system where an individual or group is allowed to operate a business using the name, brand, and model of an established company, usually paying a fee. It can also refer to a series of related products, like movies or games.
Usage & Nuances
Common in business contexts for chain stores and restaurants: 'open a franchise', 'franchise agreement'. In entertainment, 'franchise' often means a series (e.g. 'the Star Wars franchise'). Do not confuse with 'french fries' or 'free license'.
Example Sentences
Many fast food restaurants operate as a franchise.
basic
He bought a franchise to open a local store.
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The 'Harry Potter' movies are part of a popular franchise.
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She wants to start her own business, so she's researching which franchise would work best in her town.
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Our gym joined a global franchise, so now we have access to more resources and training programs.
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Video game franchise like 'Super Mario' have been successful for decades.
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