Business Terms and Jargon Explained

What is Franchise

Is when a business image or name is sold so that you can trade using these logos as they have a good market standing. The franchiser will sell the rights with technical know-how and sometimes supplies so that the franchisee can trade. E.g. Burger king, Pizza Hut, Kentucky Fried Chicken. Individual stores may be owned by different entities using the logo and know-how of the franchiser.

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Earning asset EPC Payroll
Banking book Geotargeting Financial Ombudsman Service
Digital Signature IPT Grant of probate
Sort code Worm JVCC
BOGOFF Keystroke logger Easter egg
Real Time Certificate of Incorporation Underwithholding
Annul Interpleader Admiralty Court
Bear Market Arbitration Batch production
Intermediate Consumption Vendor Up Current
Quasi-corporations Continental Shelf Deemed domicile
Cache Cost Center Utter
Special Commissioner Consultancy agreement IDK
Advocate Business cards Medium of exchange

Term created / updated 2005-07-16 23:12:15

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