Examlex
Why might a firm announce a reverse stock split?
Franchising Relationship
A business model that involves a franchisor licensing its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee.
Franchisor
A company that grants the license to third parties for them to operate a business under the franchisor's brand and business model.
Principal
The original sum of money lent or invested, excluding any profits or interest generated from it.
Commission
A fee paid to an agent in a transaction, typically calculated as a percentage of the sale price.
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