Franchise
Meanings of
franchise:
- Suffrage: the
right to vote.
- Franchising
- a business model.
- Franchise (contract) - In government, franchise may
also mean the granting of permission by a government to a service provider
to use the public right-of-way.
Examples include sewer pipes, water pipes, telecommunications
conduit, gas pipes, electrical
lines, and garbage
collection. Franchises may be exclusive (such as garbage collection where
everyone receives refuse collection from the same company or agency) or
nonexclusive (such as telecommunications from multiple carriers).