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
ultimatuma final proposition, condition, or demand
applicationan act of applying:
devoidbeing without a usual, typical, or expected attribute or accompaniment
irrevocablenot possible to revoke : unalterable
whorla drum-shaped section on the lower part of a spindle in spinning or weaving machinery serving as a pulley for the tape drive that rotates the spindle
tenantone who has the occupation or temporary possession of lands or tenements of another
spectralof, relating to, or suggesting a specter : ghostly
bargainan agreement between parties settling what each gives or receives in a transaction between them or what course of action or policy each pursues in respect to the other
collagean artistic composition made of various materials (such as paper, cloth, or wood) glued on a surface
skimpskimpy