| 单词 | master franchise |
| 释义 | master franchise master franchise (also area franchise) noun [C]
(Commerce ) a contract that gives one particular person or company the right to develop a business in a specific area or country for another company: We have signed a master franchise agreement with an international corporation to develop stores in 8 African countries. A master franchise is available for a fee of $200 000 and 10% royalty on all sub-licensing fees sold by the master franchisee.
master franchisee (also area franchisee) noun [C]: We are looking for a master franchisee to establish our transport company in Denmark. |
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