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 ?
There's definitely no big man worthy of being called a franchise player in this pool.
I was watching a major sporting event recently and the commentator kept referring to one of the athletes as a "franchise player." Wanting to know exactly what this description meant, I did what we all do nowadays--I looked it up on Wikipedia: The Great Wiki said a "franchise player" is an athlete who is riot simply the best player on the team, but a player that the team can build its "franchise" (team or business) around for the foreseeable future.
A franchise player is a special category for restricted and unrestricted free agents.
Both are talented, but pale in comparison to other NBA players who show promise and potential to be franchise players.
NLEX signed up coach Yeng Guiao, Star and Rain or Shine swapping franchise players in Paul Lee and James Yap while bottom-feeding teams like Blackwater nabbing promising rookies.
In addition to the 17 nationally contracted players, CSA will also offer 12 top-up contracts for aspiring franchise players, who can be regarded as potential Proteas in the future.
Franchise players like Doerr come along only every so often, which is what makes them franchise players.
Players' salaries are expected to continue their dramatic rise in value, retirement benefits are expected to improve and teams will now (http://www.sportingnews.com/nba/news/nba-cba-deal-details-2017-collective-bargaining-agreement-draft/1o74zpaprw2rf1stvslqj412ze) have the ability to offer large, extra-lucrative contract extensions to their so-called "franchise players."