franchise

Reading level: hard

Estimated CEFR level: C2 — Proficiency

Estimated from word frequency; not an official CEFR classification.

Definition

  1. noun an authorization to sell a company's goods or services in a particular place
  2. noun a business established or operated under an authorization to sell or distribute a company's goods or services in a particular area
  3. noun a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote)

Etymology

From Middle English franchise, fraunchise, from Old French franchise (“freedom”), a derivative of franc (“free”). More at frank.

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