franchise
noun /ˈfræntʃaɪz/
/ˈfræntʃaɪz/
- [countable, uncountable] 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
- a franchise agreement/company
- a catering/rail franchise
- In the reorganization, Southern Television lost their franchise.
- to operate a business under franchise
Collocations BusinessBusinessRunning a business- buy/acquire/own/sell a company/firm/franchise
- set up/establish/start/start up/launch a business/company
- run/operate a business/company/franchise
- head/run a firm/department/team
- make/secure/win/block a deal
- expand/grow/build the business
- boost/increase investment/spending/sales/turnover/earnings/exports/trade
- increase/expand production/output/sales
- boost/maximize production/productivity/efficiency/income/revenue/profit/profitability
- achieve/maintain/sustain growth/profitability
- cut/reduce/bring down/lower/slash costs/prices
- announce/impose/make cuts/cutbacks
- break into/enter/capture/dominate the market
- gain/grab/take/win/boost/lose market share
- find/build/create a market for something
- start/launch an advertising/a marketing campaign
- develop/launch/promote a product/website
- create/generate demand for your product
- attract/get/retain/help customers/clients
- drive/generate/boost/increase demand/sales
- beat/keep ahead of/out-think/outperform the competition
- meet/reach/exceed/miss sales targets
- draw up/set/present/agree/approve a budget
- keep to/balance/cut/reduce/slash the budget
- be/come in below/under/over/within budget
- generate income/revenue/profit/funds/business
- fund/finance a campaign/a venture/an expansion/spending/a deficit
- provide/raise/allocate capital/funds
- attract/encourage investment/investors
- recover/recoup costs/losses/an investment
- get/obtain/offer somebody/grant somebody credit/a loan
- apply for/raise/secure/arrange/provide finance
- lose business/trade/customers/sales/revenue
- accumulate/accrue/incur/run up debts
- suffer/sustain enormous/heavy/serious losses
- face cuts/a deficit/redundancy/bankruptcy
- file for/ (North American English) enter/avoid/escape bankruptcy
- (British English) go into administration/liquidation
- liquidate/wind up a company
- survive/weather a recession/downturn
- propose/seek/block/oppose a merger
- launch/make/accept/defeat a takeover bid
Extra ExamplesTopics Businessc1- Catering in the schools is run on a franchise basis.
- TV franchises will be auctioned to the highest bidder.
- The company has just won a television franchise.
- The diving school has acquired a franchise for scuba equipment.
- The franchise was awarded to a French company.
- the company that holds the franchise for the south-east of the country
Oxford Collocations Dictionaryadjective- fast-food
- rail
- sports
- …
- have
- hold
- own
- …
- system
- business
- company
- …
- franchise for
- on a franchise basis
- [countable] a business or service run under franchise
- They operate franchises in London and Paris.
- He's got a job as manager of a burger franchise.
- He runs a local pizza franchise.
Wordfinder- agent
- business
- company
- competitor
- customer
- director
- employ
- franchise
- manager
- shareholder
Oxford Collocations Dictionaryadjective- fast-food
- rail
- sports
- …
- have
- hold
- own
- …
- system
- business
- company
- …
- franchise for
- on a franchise basis
- [uncountable] (formal) the right to vote in a country’s elections
- universal adult franchise
- The 1918 Reform Act extended the franchise to women over 30.
Extra Examples- The franchise was later extended to all adults over eighteen.
- He had to exercise the franchise on behalf of other council members.
- It was decided that all men in the armed forces should qualify for the franchise.
Oxford Collocations Dictionaryadjective- democratic
- universal
- limited
- …
- qualify for
- exercise
- extend
- …
- [countable] a set of films in which the same characters appear in related stories
- Disney has successfully revived the ‘Star Wars’ franchise, with four films already released and more in the works.
see also enfranchise
Word OriginMiddle English (denoting a grant of legal immunity): from Old French, based on franc, franche ‘free’, from medieval Latin francus ‘free’. Sense (3) dates from the late 18th cent. and senses (1 and 2) from the 20th cent.