franc

franc1. The standard monetary unit of various former French colonies and some French dependencies: Benin (XOF), Burkina-Faso (XOF), Burundi (BIF), Cameroon (XAF), the Central African Republic (XAF), Chad (XAF), Comoros (KMF), Congo-Brazzaville (XAF), the Democratic Republic of Congo (CDF), Côte d’Ivoire, (XOF), Djibouti (DJF), Equatorial Guinea (XAF), Gabon (XAF), Guinea (GNF), Guinea-Bissau (XOF), Mali (XOF), Niger (XOF), Rwanda (RAF), Senegal (XOF), and Togo (XOF). In all countries it is divided into 100 centimes. franchise1. A licence given to a manufacturer, distributor, trader, etc., to enable them to manufacture or sell a named product or service in a particular area for a stated period. The holder of the licence (franchisee) usually pays the grantor of the licence (franchisor) a royalty on sales, often with a lump sum as an advance against royalties. The franchisor may also supply the franchisee with a brand identity as well as finance and technical expertise. Franchises are common in the fast-food business, petrol stations, travel agents, etc. franco(Spanish: free) Export delivery terms in which the seller of goods pays for all transport and insurance to the buyer’s warehouse, even when this is in a foreign country. In some countries the term rendu is used.

• share certificate
• shared-cost effect
• share exchange
• share-for-share offer
• shareholder
• shareholder debt
• shareholders’ equity
• shareholder value
• shareholder value analysis
• Share Incentive Plan
• share incentive scheme
• share index
• share issued at a discount
• share of wallet
• share premium account
• share register
• ShareSave
• share shop
• shares outstanding
• share splitting
• share transfer
• share warehousing
• share warrant
• shark watcher
• sharpbender