Franchise
/ˈfræn.tʃaɪz/noun
A franchise is a legal agreement that allows one party to use the trademark or business model of another.
Did you know?The term 'franchise' originally meant 'freedom' or 'privilege' in Middle French, linking it to the concept of autonomy in commerce.
Etymological Timeline
Latin
Latin
francus
“Free, exempt from servitude.”
Middle French
Old French
franchise
“Freedom; privilege granted by a lord.”
14th Century
Middle English
franchyse
“A privilege or right granted to individuals.”
Modern English
English
franchise
“A legal right or privilege to operate a business under a brand.”
Explore more surprising origins