1. A business model in which a company (franchisor) grants rights to an individual or entity (franchisee) to operate a business using its brand, products, and systems
She invested in a fast-food franchise.
Ela investiu em uma franquia de fast-food.
2. A legal exemption or privilege granted by an authority
The company was granted a franchise to operate in the region.
A empresa recebeu uma franquia para operar na região.
3. In sports, the rights to a team or league
He owns a franchise in the professional basketball league.
Ele possui uma franquia na liga profissional de basquete.