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| Definition Of: |
Franchise
1. A special privilege that is conferred by the government uponindividuals and that does not of common right belong to the citizens of thecountry. For example, a municipality may grant to a local bus company afranchise that will give it sole authority to operate buses in the municipalityfor a certain number of years. 2. The right given to a private person orcorporation to market another's product within a certain area. 3. Electivefranchise (sometimes called simply "the franchise") refers to the right ofcitizens to vote in public elections.
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Law Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 5 6 7 A: Page 1 of 7.
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