franchise

Noun

• a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote)

• a business established or operated under an authorization to sell or distribute a company's goods or services in a particular area

• an authorization to sell a company's goods or services in a particular place

Verb

• grant a franchise to

Related words

• Synonyms: 
  enfranchisement , dealership