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Vocabulary Entry
franchise
|noun • verb
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N
noun
The right to sell a company's goods or services in a specific area.
Example Sentences
"She bought a franchise of a popular coffee shop."
"The franchise allows independent owners to use the brand name."
"He is considering opening a franchise to expand his business."
V
verb
To grant or sell a franchise to an individual or group.
Example Sentences
"The company plans to franchise its operations in new cities."
"They decided to franchise after seeing success in their first location."
"He wants to franchise his restaurant to reach a larger market."