Exemption from constraint or oppression; freedom; liberty.

The district or jurisdiction to which a particular privilege extends; the limits of an immunity; hence, an asylum or sanctuary.

To make free; to enfranchise; to give liberty to.

A form of business agreement in which a firm which already has a product or service (the franchisor) enters into a continuing contractual relationship with other businesses (franchisees). Franchisees operate under the franchisor's intellectual property and intellectual assets generally, including trade name and usually with the franchiser's guidance, in exchange for a fee(s).

A relief to insurers (or reinsurers) of each and every loss that does not exceed a specified amount. A "franchise deductible" will require the reinsured to retain the whole of the loss if the loss does not exceed an agreed amount but in the event that the agreed amount is exceeded the whole of the loss will be payable by the reinsured.

If a policy features a franchise expressed in money terms, there is no payment by the insurer if the total claim is below the franchise figure. If it is above the franchise figure, the agreed claim is then paid in full. Time franchises may also be used particularly for machinery breakdown covers.

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Either a percentage of insured value or a specified dollar amount in an insurance policy which must be reached before an insured loss is paid in full. It is similar to a deductible in that insured losses less than the franchise amount are not paid, but different from a deductible in that insured losses equal to, or more than, the franchise are paid in full. Also known as a "disappearing deductible." See " Average Clauses."

a foul idea for city - The last thing Pittsburgh needs is another pro sports team, least of all a pro basketball team

an arrangement established

an Olympic boxing team, doing their very best to advance through the rankings to become world champs

a team; the legal arrangement that establishes ownership of a team.

a great option if you are more of a manager than an entrepreneur because you just follow the training provided by the franchisor and will likely end up with a profitable business

a halfway house between being an employee and being a full-fledged pioneer entrepreneur," he said

a legal agreement between the owner of a name, product, or management approach and an entrepreneur who buys the right to use that product

an excellent choice for entrepreneurs who do their best with guidelines and structures

Period of time within which a TOC is allowed to operate the services on a set of specific routes

buying territory and paying fees to a parent stamping company for the benefit of their expertise, technology, advertising and name recognition, but it shortens the learning curve.

The service territory within which the Natural Gas utilities have been permitted to operate.

A contract between a company owner and an established chain under which the owner pays a fee to operate the company under the chain name.

a format, product, or system developed by the franchisor

a stimulating field and studying more about it can prove to be quite productive

a system that already has in place a branded name, a set of guidelines for how everything is to be managed, and a number of products

A trading entity such as a marketing tool or method, a product or group of products or simply a trade brand

a intriguing industry and studying more about it is extremely advantageous

a stirring industry and learning more about it is very remunerative

a stirring industry and studying more about it is quite valuable

a wonderful industry and learning more about it can be very fruitful

a long-term investment

a major investment

an investment opportunity that can pay off handsomely

a priority for its investment banking division