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).

The Columbia Electronic Encyclopedia™ Copyright © 2013, Columbia University Press. Licensed from Columbia University Press. All rights reserved. www.cc.columbia.edu/cu/cup/

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
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
References in periodicals archive ?
Due to the franchise agreement, one of the franchisees here claimed recently he was treated unfairly, bringing the matter to the Korea Fair Trade Mediation Agency under the Fair Trade Commission.
As a result, Quesnel filed a motion requesting that the royalty clause in the Coutu franchise agreement be declared illegal because it required franchisees to pay a percentage of sales from drugs and professional fees to the company.
"Our recently signed franchise agreement will allow us to open the first Man'oushe Street branch in Al Ain and we are confident that this new store will play a key role in the move to address the growing demand for fast food that is not just a quick meal, but is also freshly and healthily prepared," said Bloom ME Pastries business development manager Amer Al Sabbagh.
Certain aspects of a franchise agreement may also be governed by the UAE intellectual property laws if the main elements of the agreement involve the transfer know how and intellectual property rights such as trademarks, logos, business processes, she remarked.
Various business associations spoke out against the measure, including the Los Angeles County Disposal Association, which argued the city shouldn't set up the exclusive franchise districts, and that non-exclusive franchise agreement could achieve the same goals without potentially putting smaller haulers out of business.
Franchise agreements with usable payment data can be very difficult to obtain.
Germany-based Volkswagen AG's (Xetra: VW) Ireland chief has withdrawn its franchise agreements with Belgard Motors.
In addition, twenty-one franchise agreements have been signed for Rita's home state of Pennsylvania.
About one third of Buffalo Wild Wings locations are operated by the parent company while the balance are operated under franchise agreements. A top player in the fast-casual dining arena, Buffalo Wild Wings has received dozens of "Best Wings" and "Best Sports Bar" awards from across the country.
The company is also expanding its operations in Europe with rental centers open in Portugal and Spain and recently signed franchise agreements with a company in Italy.
Martini says he signs many of his franchise agreements with Venezuelans who have their U.S.
The threat to C&D recyclers and demolition contractors from franchise agreements within local jurisdictions seems to be growing in this country.