History Of The Franchise

history of
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heres a brief explanation of the word *** and how it can be used in everyday life. enjoy!

franchise
An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products
An authorization given by a league to own a sports team
an authorization to sell a company's goods or services in a particular place
grant a franchise to
a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote)
A business or service given such authorization to operate