franchising       
noun [ U ] uk/ˈfræn.tʃaɪ.zɪŋ/ us/ˈfræn.tʃaɪ.zɪŋ/
 特许经营权的授予或出售
the business of giving or selling a franchise (= the right to sell a company's product) to someone
  Some hotel companies say they will continue to expand through franchising. 一些酒店公司表示,他们将继续通过出售特许经营权的方式进行扩张。 
 a franchising business/company/system 特许经营业务/公司/系统 
 See: franchise
 - More examples
 - He made a lot of money in the cellphone franchising business.
 - More small businesses are using franchising to grow their business.
 - Franchising typically becomes more popular during an economic downturn.