franchise >> ˈfran(t)ʃʌɪz
Definition: [noun] an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products.
Example: Toyota granted the group a franchise
Definition: [noun] the right to vote in public elections.
Example: the franchise was limited to Estonian citizens
Definition: [verb] grant a franchise to (an individual or group).
Example: a franchised dealer