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The Collaborative International Dictionary
Franchising

Franchise \Fran"chise\, v. t. [imp. & p. p. Franchised; p. pr. & vb. n. Franchising.] [Cf. OF. franchir to free, F., to cross.] To make free; to enfranchise; to give liberty to.
--Shak.

Wiktionary
franchising

n. The establishment, granting, or use of a franchise. vb. (present participle of franchise English)

Wikipedia
Franchising

Franchising is the practice of the right to use a firm's business model and brand for a prescribed period of time. The word "franchise" is of Anglo-French derivation—from franc, meaning free—and is used both as a noun and as a (transitive) verb. For the franchisor, the franchise is an alternative to building " chain stores" to distribute goods that avoids the investments and liability of a chain. The franchisor's success depends on the success of the franchisees. The franchisee is said to have a greater incentive than a direct employee because they have a direct stake in the business.

Thirty-three countries—including the United States and Australia—have laws that explicitly regulate franchising, with the majority of all other countries having laws which have a direct or indirect impact on franchising. Franchising is also used as a foreign market entry mode.

Usage examples of "franchising".

Soon after his visit to California, Kroc became McDonald's national franchising agent, in 1955 selling himself his first McDonald's franchise, which he located in Des Plaines, Illinois.