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 ?
While most legislation using the concept of franchising exempt traditional recyclables, more of a battleground seems to be surfacing with those companies handling construction and demolition waste.
Brazil's franchising industry grew 7% in 2002, five times more quickly than the country's economy, and is expected to grow 10% in 2003, according to the Brazilian Franchising Association.
Indeed, after about 20 pages of Franchising Dreams, the book turns into an updated version of John Steinbeck's Of Mice and Men, set in car-repair shops and cramped printing offices in small-town America.
Be The Boss: The Ultimate Franchising Website had an ad on the page with the Altavista Search results, so I clicked the button, and found another interesting-looking Website, with searches, profiles, directories and links to resources for the would-be franchise owners and operators.
This event will culminate a week-long series of activities during National Franchising Week April 5-12.
Prior to joining Sagittarius, Eric Edwards served in franchising and licensing positions with Dairy Queen, Pizza Inn and Palm Beach Tan.
Five years later, Sells became a regional developer for Express Personnel Services, and continued to run her own company until 2004, when she sold it and moved to Oklahoma City to become vice president of franchising for the corporation.
If you are looking for a couple of good female role models in the franchising community, a few females on the move (in franchising) are: Linda L.
Extending its franchising expertise to other markets, Minuteman Press, through its franchising division, Ultra Franchising, Inc.
Franchising for Dummies, Second Edition" covers all the ins and outs of franchising, including tips on financing and managing the business.
Keep in mind that one of the benefits of franchising is that there is a built-in support mechanism in place for you--a network of resources.
Since pizza chains began franchising in the late 1950's the segment has grown dramaticallyCocommanding $30 billion a year from U.