franchise

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franchise,

in government, a right specifically conferred on a group or individual by a government, especially the privilege conferred by a municipality on a corporation of operating public utilities, such as electricity, telephone, and bus services. Franchises may not be revoked without the consent of the grantee unless so stipulated in the contract. They may, however, be forfeited by the grantee's violation of terms, and the government may take back granted rights by eminent domain proceedings with tender of just compensation. Franchise provisions usually include tenure; compensation to the grantor; the services, rates, and extensions; labor and strike regulations; capitalization; and reversion to the grantor.

The term franchise also refers to a type of business in which a group or individual receives a license from a corporation to conduct a commercial enterprise. Corporate franchises enable a franchisee to market a well-known product or service in return for an initial fee and a percentage of gross receipts. The franchiser usually provides assistance with merchandising and advertising. Major franchise networks, which have grown rapidly in the United States since the 1960s, include fast-food restaurants, gasoline stations, motels, automobile dealerships, and real-estate agencies, and the system has expanded into many other fields.

In politics, the franchise is the right conferred on an individual to vote. In the United States, the states, with some restrictions by the U.S. Constitution, govern the qualifications of voters. By the Fourteenth and Fifteenth amendments, states were forbidden to deny suffrage to male residents over 21 years of age "on account of race, color, or previous condition of servitude." The Nineteenth Amendment conferred suffrage upon women, and the Twenty-sixth Amendment lowered the voting age to 18. See votingvoting,
method of registering collective approval or disapproval of a person or a proposal. The term generally refers to the process by which citizens choose candidates for public office or decide political questions submitted to them.
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Bibliography

See C. Williamson, American Suffrage from Property to Democracy, 1760–1860 (1960, repr. 1968); C. L. Vaughn, Franchising (1974).

franchise

1. the right to vote, esp for representatives in a legislative body; suffrage
2. any exemption, privilege, or right granted to an individual or group by a public authority, such as the right to use public property for a business
3. Commerce authorization granted by a manufacturing enterprise to a distributor to market the manufacturer's products
4. the full rights of citizenship
5. Films a film that is or has the potential to be part of a series and lends itself to merchandising
References in periodicals archive ?
Figure 3:3: Number Of Franchised Units Excluding Dairy By Sector (Number Of Units), 2000-2004
Local professionals with a background in business or education operate these franchised centers.
Savvy investors, especially the ones who recognize the opportunities provided by the nation's emerging markets, continue to find almost unlimited entrepreneurial opportunities in the franchised business sector.
Denny's is America's largest full-service family restaurant chain, consisting of 549 company-owned units and 1,036 franchised and licensed units, with operations in the United States, Canada, Costa Rica, Guam, Mexico, New Zealand and Puerto Rico.
A consistent experience is the main reason consumers continue to support franchised businesses where it counts: at the cash register.
Jackie was the owner/operator of 53 franchised Pizza Hut Restaurants, and will be opening 30 HipHopSodaShops in the booming Las Vegas market over the next three years.
Travel to any town in America and you're bound to find a franchised business.
By 1988, Accent had two company-owned stores and three franchised outlets and was posting nearly $1 million in annual system-wide sales.
The nationally franchised Slender Lady is a nutrition, weight management and fitness center operating in 48 locations throughout the state, according to the company's Web site at www.
Overall, there are about 600,000 franchised businesses operating in the U.
Bark Busters therapists have successfully trained more than 250,000 dogs with 180 franchised offices in Australia, New Zealand, Japan, Canada, the United Kingdom and the United States, with the U.