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Longman Dictionary of Contemporary English
The Collaborative International Dictionary
franking

frank \frank\ (fr[a^][ng]k), v. t. [imp. & p. p. franked (fr[a^][ng]kt); p. pr. & vb. n. franking.]

  1. To send by public conveyance free of expense.
    --Dickens.

  2. To extempt from charge for postage, as a letter, package, or packet, etc.

Wiktionary
franking

n. device or marking such as postage stamp, printed or stamped impressions, codings, labels, manuscript writings, or any other authorized form of markings affixed or applied to mails to qualify them to be postally serviced. vb. (present participle of frank English)

WordNet
Wikipedia
Franking

Franking refers to any devices, markings, or combinations thereof ("franks") applied to mails of any class which qualifies them to be postally serviced. Types of franks include uncanceled and precanceled postage stamps (both adhesive and printed on postal stationery), impressions applied via postage meter (via so-called "postage evidencing systems"), official use "Penalty" franks, Business Reply Mail (BRM), and other permit Imprints (Indicia), manuscript and facsimile "franking privilege" signatures, "soldier's mail" markings, and any other forms authorized by the 191 postal administrations that are members of the Universal Postal Union.

Usage examples of "franking".

When he slipped the private letter in an office envelope and put it with the office post for franking, he was only doing what I expected.

In this case I made an exception, since I’d spotted Mandarin’s postal franking, first class, on one of the letters.

That done, he arose, slipped on his coat, took his package across the landing to the office's postal franking machine, which scanned, weighed, and inked it with the necessary bar code.

But he always insisted on putting his own stamps on such letters, never allowing them through the Department's franking machine Bit too obviously self-righteous, she thought.

As a member of the armed forces of the United States serving overseas, the sender was given the franking privilege.

They were, however, given a few annuities, which boiled down eventually to 1) a franking privilege so postage was unnecessary on their letters, 2) a small annual dole, 3) subscriptions to current medical journals (now filled more with electronic data pertinent to phymechs than surgical techniques) and 4) honorary titles.

Inside each case, handwritten envelopes with gloriously colored stamps - covers with frankings, to the connoisseurs - begged to be studied.