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English word

franchise

UK /ˈfræntʃaɪz/US /ˈfræntʃaɪz/

noun

formal permission given by a company to somebody who wants to sell its goods or services in a particular area; formal permission given by a government to somebody who wants to operate a public service as a business

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Sentence 56 · Pro

Satoru Iwata - Heart of a Gamer | GDC 2005 Keynote

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Well, our work was satisfactory enough that we formed a close association with Nintendo, and as we invented a couple of part franchises.

Satoru Iwata - Heart of a Gamer

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