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Franchised Meaning: Definition, Examples, and Translations

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franchised

[หˆfrรฆn.tสƒaษชzd ]

Definition

Context #1 | Adjective

business model

Franchised refers to a system in which an individual or business is granted the rights to operate a location under the brand and business model of a larger company. This system allows the franchisee to use the franchisorโ€™s trademark, brand, and established business practices, benefiting from the company's existing reputation while also adhering to its operational guidelines.

Synonyms

authorized, contracted, licensed.

Examples of usage

  • The franchised restaurant quickly gained popularity.
  • There are multiple franchised locations across the country.
  • Franchised businesses often receive training from the parent company.

Translations

To see the translation, please select a language from the options available.

Origin of 'franchised'

The term 'franchised' originates from the French word 'franchise,' which means 'freedom' or 'privilege.' It entered the English language in the 14th century, typically in the context of granting certain rights or privileges. Over time, particularly in the 20th century, the term evolved to encompass the modern business model where a parent company grants rights to individuals to market its goods or services. The franchise model has become widely popular in various sectors, including food, retail, and services, allowing entrepreneurs to operate under an established brand with proven methods while minimizing some of the risks associated with starting a new business from scratch.

Word Frequency Rank

At rank #26,093, this word represents specialized academic or technical vocabulary. It's less frequently encountered but may be valuable in specific contexts.