Definitions from Wiktionary ( )

▸ noun:  The right to vote at a public election or referendum; see: suffrage.
▸ noun:  A right or privilege officially granted to a person, a group of people, or a company by a government.
▸ noun:  An acknowledgment of a corporation's existence and ownership.
▸ noun:  The authorization granted by a company to sell or distribute its goods or services in a certain area.
▸ noun:  A business operating under such authorization, a franchisee.
▸ noun:  A legal exemption from jurisdiction.
▸ noun:  The membership of a corporation or state; citizenship.
▸ noun:  The district or jurisdiction to which a particular privilege extends; the limits of an immunity; hence, an asylum or sanctuary.
▸ noun:  (sports) The collection of organizations in the history of a sports team; the tradition of a sports team as an entity, extending beyond the contemporary organization.
▸ noun:  (business, marketing) The positive influence on the buying behavior of customers exerted by the reputation of a company or a brand.
▸ noun:  The loose collection of fictional works pertaining to a particular fictional universe, including literary, film, or television series from various sources, generally when all authorized by a copyright holder or similar authority.
▸ noun:  Exemption from constraint or oppression; freedom; liberty.
▸ noun:  (obsolete) Magnanimity; generosity; liberality; frankness; nobility.
▸ verb:  (transitive) To confer certain powers on; grant a franchise to; authorize.
▸ verb:  (transitive, rare) To set free; invest with a franchise or privilege; enfranchise.
▸ verb:  (transitive) To give to others the rights to sell or distribute (goods or services).

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