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 game I was watching was on the line, the outcome dependent on the performance of this franchise player. If he came through, his team would go into the playoffs, resulting in many more games, with additional coliseums filled with excited fans buying tickets, food and merchandise.
There are two types of franchise players. Clubs retain exclusive negotiating rights to an "exclusive" franchise player by committing to a minimum offer of the average of the top five salaries at the player's position for the current year as of April 15, or 120 percent of the player's previous year's salary, or the average of the top five salaries at his position as of the end of last season -- whichever of the three is greater.
In other words, he had emerged as the franchise player, but Frazee nevertheless sold him and the Sox never won another Series after winning the five they had already appeared in--1903, 1912, 1915, 1916, and 1918.
COACHES WHO ARE FORTU-nate enough to have a franchise player would do well to prepare something special for all the box-and-one defenses they are going to see throughout the season.
It was just rewards for the Knights' franchise player, who had spent the majority of the season out of action after dislocating his shoulder.
The cornerstone or "franchise player" on most baseball teams is likely to be the starting pitcher.
Wojnarowski reported Thursday, however, that Hornets owner Michael Jordan no longer is "determined to extend far enough financially to re-sign his franchise player.
NorthPort traded away franchise player Stanley Pringle, a five-time All-Star and the 2018 Scoring Champion, on June 18 in exchange for Barangay Ginebra's Sol Mercado, Kevin Ferrer, and Jervy Cruz.
There has long been a sense that Ball was a franchise player when the Lakers drafted him the No.
But despite all of that, with the Beermen not over-depending on their 6-foot-10 franchise player, San Miguel posted its most authoritative win over the hard-fighting Aces at the Araneta Coliseum in Cubao and reduced this title showdown into a best-of-three.
New England didn't tag Welker again, balking at paying the game's best slot receiver the required 20 percent raise for a second-time franchise player.
The same amount was paid for the Uva Unicorns franchise by Success Sports Pvt Ltd, even though the team has no designated franchise player.