Franchise vs Concession - What's the difference?
franchise | concession |
A right or privilege officially granted to a person, a group of people, or a company by a government.
* W. H. Seward
An acknowledgment of a corporation's existence and ownership.
The authorization granted by a company to sell or distribute its goods or services in a certain area.
A business operating under such authorization, a franchisee.
A legal exemption from jurisdiction.
The membership of a corporation or state; citizenship.
The right to vote at a public election.
The district or jurisdiction to which a particular privilege extends; the limits of an immunity; hence, an asylum or sanctuary.
* London Encyc.
(sports) The collection of organizations in the history of a sports team; the tradition of a sports team as an entity, extending beyond the contemporary organization.
(business, marketing) The positive influence on the buying behavior of customers exerted by the reputation of a company or a brand.
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The loose collection of fictional works pertaining to a particular universe, including literary, film or television series from various sources.
Exemption from constraint or oppression; freedom; liberty.
(obsolete) Magnanimity; generosity; liberality; frankness; nobility.
To confer certain powers on; grant a franchise to; authorize.
(rare) To set free; invest with a franchise or privilege; enfranchise.
the act of conceding, especially that of defeat
something, such as an argument, that is conceded or admitted to be wrong
(rhetoric) Admitting a point to strengthen one's overall case.
the grant of some land to be used for a specified purpose
(chiefly, US) a contract to operate a small business as a subsidiary of a larger company, or within the premises of some institution; the business itself and the space from which it operates
(Canada) In Ontario, a small road between tracts of farmland.
As nouns the difference between franchise and concession
is that franchise is a right or privilege officially granted to a person, a group of people, or a company by a government while concession is the act of conceding, especially that of defeat.As verbs the difference between franchise and concession
is that franchise is to confer certain powers on; grant a franchise to; authorize while concession is to grant or approve by means of a concession agreement.franchise
English
Etymology 1
From (etyl), from (etyl) . More at (l).Noun
- Election by universal suffrage, as modified by the Constitution, is the one crowning franchise of the American people.
- McDonalds has exported its franchise .
- Churches and monasteries in Spain are franchises for criminals.
- The Whalers' home city of Hartford was one of many for the franchise .
- the Star Wars franchise
- (Spenser)
- (Chaucer)