Concept information
Preferred term
FRANCHISES (BUSINESS)
Definition
- THE GRANTING BY ONE COMPANY TO ANOTHER COMPANY (EXCLUSIVE FRANCHISE) OR A NUMBER OF COMPANIES (NON-EXCLUSIVE FRANCHISE) OF THE RIGHT/S TO SUPPLY ITS PRODUCTS...WITH THE FRANCHISEE PAYING A ROYALTY TO THE FRANCHISOR FOR THE RIGHTS ASSIGNED
Broader concept
Definition source
- CDB
URI
https://hasset.ukdataservice.ac.uk/768d9d9d-185e-4009-a3f6-40da9184c944
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