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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).

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Franchise".