Examlex
The literal or dictionary meaning of a word is
Franchise
A licensed privilege to operate a business under a larger company's brand and operational model, often including a specific geographic area.
Franchise Rule
A regulation designed to govern the sale of franchises, requiring franchisors to provide potential franchisees with disclosure documents containing vital details about the franchise.
Federal Trade Commission
A U.S. government agency aimed at protecting consumers and ensuring a strong competitive market by enforcing antitrust and consumer protection laws.
Franchisor
A person or company that grants the license to a third party for the conducting of a business under the franchisor's marks, name, and business model.
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