What is the meaning of Franchise agreement?

Contract by which a domestic company (franchisor) licenses its trade name and/or business system and practices for a fee to an independent company (franchisee) in a foreign market.

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APABarry Goldsmith. (2010). franchise agreement. Retrieved September 21, 2026, from http://smartdefine.org/franchise_agreement/definitions/1154516
ChicagoBarry Goldsmith. 2010. "franchise agreement" http://smartdefine.org/franchise_agreement/definitions/1154516 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, franchise agreement, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/franchise_agreement/definitions/1154516>.
MLABarry Goldsmith. "franchise agreement" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/franchise_agreement/definitions/1154516>