franchisement Definition
- 1the act of granting a franchise, especially a business franchise
- 2the state of being granted a franchise
Using franchisement: Examples
Take a moment to familiarize yourself with how "franchisement" can be used in various situations through the following examples!
Example
The franchisement of the fast-food chain led to its rapid expansion across the country.
Example
The company's franchisement policy has been successful in attracting new investors.
Example
The franchisement of voting rights was a major milestone in the country's history.
franchisement Synonyms and Antonyms
Synonyms for franchisement
Phrases with franchisement
the right to vote in political elections
Example
The struggle for political franchisement was a long and difficult one.
business franchisement
the granting of a license by a company to an individual or group allowing them to operate under the company's name and sell its products or services
Example
The business franchisement model has become increasingly popular in recent years.
social franchisement
the process of empowering individuals or groups to participate fully in society, especially those who have been historically marginalized or excluded
Example
Social franchisement programs aim to provide opportunities for education, employment, and civic engagement.
Summary: franchisement in Brief
Franchisement [ˈfræntʃaɪzmənt] refers to the act of granting a franchise, particularly a business franchise, or the state of being granted a franchise. Examples include the franchisement of a fast-food chain, the company's franchisement policy, and the franchisement of voting rights. The term extends into phrases like 'political franchisement,' 'business franchisement,' and 'social franchisement,' denoting the right to vote, the granting of a license, and the process of empowering individuals or groups to participate fully in society.
