GRE Word List

FRANCHISE

the right or license granted to an individual or group to market a company's goods or services in a particular territory

The meaning of the word franchise is the right or license granted to an individual or group to market a company's goods or services in a particular territory.

Random words

WordMeaning
rivetinghaving the power to fix the attention : engrossing
magistratean official entrusted with administration of the laws: such as
dominaterule
referendumthe principle or practice of submitting to popular vote a measure passed on or proposed by a legislative body or by popular initiative
somnambulistan abnormal condition of sleep in which motor acts (such as walking) are performed
hibernateto pass the winter in a torpid or resting state
applicationan act of applying:
contemptthe act of despising : the state of mind of one who despises : disdain
deadlocka state of inaction or neutralization resulting from the opposition of equally powerful uncompromising persons or factions : standstill
inestimableincapable of being estimated or computed