TechnologyJuly 4, 2026
franchisee
/ˌfræntʃiˈziː/
Definition
An individual or company that operates a business outlet under a license granted by a larger parent corporation.
Etymology
Derived from the Old French 'franchise' meaning 'freedom' or 'privilege,' combined with the suffix '-ee,' which indicates the recipient of an action. It entered English to describe someone granted the specific right to trade or conduct business on behalf of a parent company.
In the news
The term is used to describe a local entity operating a Carl’s Jr. business that is currently planning to close and sell off its specific locations.
Want an AI-proof job? New research says you may be safer at companies embracing the technology
Read the full article ↗Los Angeles Times