Meaning & use
franchised
Last updated
Granted a business the right to operate under a company's name and system, or expanded a business through such agreements (past tense of franchise).
See it in a sentence
The fast-food chain franchised its first overseas location in the early 1990s.
By 2020, the coffee brand had franchised over a thousand stores worldwide.
A note on using this word
Franchising allows a company to expand rapidly by letting independent owners operate under its brand and business model in exchange for fees and royalties.
Words with a similar meaning
licensed
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