- the right to own or operate a professional sports team as a member of a league.
- a professional sports team.
- a player of great talent or popular appeal, considered vitally important to a team's success or future.
verb (used with object), fran·chised, fran·chis·ing.
Origin of franchise
Word Origin for franchise
late 13c., from Old French franchise "freedom, exemption; right, privilege" (12c.), from variant stem of franc "free" (see frank (adj.)). Sense narrowed 18c. to "particular legal privilege," then "right to vote" (1790). Meaning "authorization by a company to sell its products or services" is from 1959.
late 14c., from Old French franchiss-, past participle stem of franchir "to free" (12c.), from franc (see frank (adj.)). Franchising is from 1570s; the commercial licensing sense is from 1966. Related: Franchisee; franchiser; franchisor.
In politics, the right to vote. The Constitution left the determination of the qualifications of voters to the states. In the late eighteenth and early nineteenth century, states usually restricted the franchise to white men who owned specified amounts of property. Gradually, poll taxes were substituted for property requirements. Before the Civil War, the voting rights of blacks were severely restricted, but the Fifteenth Amendment to the Constitution, declared ratified in 1870, prohibited states from abridging the right to vote on the basis of race. Nevertheless, southern states used a variety of legal ploys to restrict black voting until passage of the Voting Rights Act of 1965. Women were not guaranteed the right to vote in federal elections until ratification of the Nineteenth Amendment in 1920. In 1971 the Twenty-sixth Amendment lowered the voting age from twenty-one to eighteen. (See suffrage and suffragette.)
In business, a relationship between a manufacturer and a retailer in which the manufacturer provides the product, sales techniques, and other kinds of managerial assistance, and the retailer promises to market the manufacturer's product rather than that of competitors. For example, most automobile dealerships are franchises. The vast majority of fast food chains are also run on the franchise principle, with the retailer paying to use the brand name.