WordUpWordupPerson

Franchise

usgb/ˈfræntʃaɪz/Volume
Left Definition 1 of 5Right
LampPro Tip 1/2

Exclusive Territory

A franchise often provides exclusive rights to operate in a specific area, preventing others from selling the same brand there.

Illustration for Exclusive Territory
Her coffee shop franchise gives her exclusive rights in the downtown area.
LampPro Tip 2/2

Initial Investment

Buying a franchise usually requires an initial fee plus ongoing royalties to the franchisor.

Illustration for Initial Investment
He paid a large initial fee for his restaurant franchise.
Word comparison image

Compare with

AuthorizationBrandCertificateConcessionConsentLicenseOwnershipPartnership
Visual representation of the word "Franchise"

Never forget "Franchise"

Humans forget easily. That's why you should download WordUp: Smart reminders, word games, AI practice, and much more!

App Store IconGoogle Play Store IconMicrosoft Store IconHuawei Store Icon
Left
Right,
Left
Right,
Chrome

WordUp Chrome Extension

As you browse the web instantly look up words you don’t know.

Get Chrome Extension