Franchise in Tamil
Definition:
According to various dictionaries, the definition of the word “franchise” is:
1. **Business**: A right or privilege granted by a company (franchisor) to an individual or organization (franchisee) to operate a business using the franchisor’s name, logo, patents, and business model, in exchange for a fee, royalties, and adherence to the franchisor’s operating standards.
Example: “The restaurant chain granted a franchise to John, who now runs a local outlet under their brand name.”
2. **Right**: A privilege or immunity granted by a government or other authority to a person or group.
Example: “The royal family was granted a franchise by the king, allowing them to govern the estate in his absence.”
In general, a franchise refers to a situation where one party grants another party permission to use their intellectual property, business model, or other resources, often in exchange for payment or other benefits.
Translation of ‘Franchise ‘ in Tamil:
உரிமை
Examples:
- Here are three unique example sentences using the word “franchise”:
- 1. The popular coffee shop chain is expanding its franchise to include multiple locations across the country, bringing their signature roasted beans to a wider audience.
- 2. After years of waiting, fans of the beloved video game series finally got their chance to own a piece of the franchise when the developers announced a franchise mode for the new game.
Synonyms:
where a business relationship is established with a larger company.
9. Network: A franchise can be thought of as a network of businesses that operate under the same brand name and business model.
10. Venture: A franchise can be a venture or a business partnership between an individual or group and a larger company.
It’s worth noting that while these words share similar meanings, Here are some synonyms for the word “franchise”:
1. Business: A franchise can be equated with a business or an enterprise that operates under a specific brand name.
2. License: A franchise agreement typically involves granting license to use a brand name, or business model.
3. Chain: A franchise can be thought of as a chain of businesses operating under the same brand name.
4. System: A franchise is often a system of interconnected businesses that operate according to a standardized model.
5. Brand: The term brand is often used interchangeably with franchise, a franchise can be referred to as an agency, referring to the identity and reputation associated with a business.
6. Unit: A franchise can consist of multiple units or locations, especially in industries such as real estate or insurance.
8. Dealership: A franchise can be a dealership or distributorship, trademark, they may have slightly different connotations or implications depending on the context in which they are used., each operating under the same brand name and business model.
7. Agency: In some cases
Antonyms:
often national or international chain with standardized operations., which implies a larger, but they generally convey the idea of something being distinct from a franchise, Here are some antonyms for the word “Franchise”:
1. Independent
2. Self-owned
3. Family-run
4. Local
5. Unique
6. Single-unit
7. Private
8. Specialized
9. Limited
10. Boutique
Note that some of these antonyms may not be exact opposites
Related Words: