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 ?
The Top 100 list of franchisers will be published in SUCCESS magazine's November issue.
Given all the problems with this master franchiser, we are surprised that the regional owners have not simply 'flipped the signs' and continued business under a new trade name.
Founded in 1997, sentr@NET is a privately-held vertical application service provider that delivers high-speed Internet access for guest and meeting rooms to hoteliers, management companies and franchisers as the first stage of the wide area networking and application-sharing services the company offers.
Franchisers require technology solutions that streamline operations, optimize the environment for growth and help increase profits.
LAWSON INSIGHT Franchise Management empowers franchisers to quickly and easily define and maintain contracts for each franchisee.
The "late 50s and early 60s," Rock 'n' Roll, small town Hard Rock Cafe style, casual restaurant and bar operator and franchiser stated that a new international Hudson's Grill restaurant will open in Guatemala City, Guatemala, in February of 1997.
In the past, many franchisers have not focused on inner-city neighborhoods because of the difficulty of convincing banks and other lending institutions to back the projects.
This rule applies to franchisers and franchise brokers and is the result of criticisms of deceptive and unfair practices.