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say it: FRAN-chahyz
franchise is a noun and verb meaning "an authorization to sell a company's goods or services in a particular place". It is pronounced /ˈfɹænˌtʃaɪz/ — FRAN-chahyz. It carries 4 recorded senses.
an authorization to sell a company's goods or services in a particular place
a business established or operated under an authorization to sell or distribute a company's goods or services in a particular area
a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote)
law
Forms marked · are formed by the regular rule rather than recorded in the source data. English keeps a few hundred irregulars and the rest follow the pattern, so the rule is right far more often than not — but it is a rule, and the mark says so.
Definitions, synonyms and semantic relations for franchise come from Princeton University’s WordNet. The pronunciation comes from the CMU Pronouncing Dictionary. Commonness is measured against a corpus of everyday English. Full sources and licences.