Exam: TOEIC

Definition: A type of business that allows individuals or groups to operate under a brand name and sell its products or services, often with specific rules and support from the original company.

Example: She decided to open a coffee shop as a franchise of a popular brand.

Definition: To give someone the right to operate a business or sell products under a specific brand or name.

Example: The company decided to franchise its brand to expand its market reach.

Definition: A person or business that has been given the right to operate a franchise, which is a business model that allows them to sell products or services under the brand of a larger company.

Example: As a franchisee, she was able to open her own coffee shop using the brand's established name and business practices.

Definition: A person or company that gives the right to sell their products or services under their brand name.

Example: The franchiser provided all the necessary training and support to the new franchisee.

Definition: The process of allowing someone to operate a business using the brand and business model of another company.

Example: Franchising has become a popular way for entrepreneurs to start their own businesses with established brands.

Definition: To grant the rights to sell a company's products or services in a specific area, usually under the company's brand name.

Example: The company is franchising its popular restaurant chain to expand its reach.

Definition: A person or company that gives permission to others to operate a business using its brand and system.

Example: The franchisor provided all the necessary training and support to the new franchisees.

Definition: A system or method of marking mail so that it can be sent without needing a postage stamp, often used by businesses and organizations.

Example: The company uses franking to send out its newsletters without paying for individual stamps.

Definition: To mark or stamp a letter or package so that it can be sent without paying postage.

Example: She is franking the letters before sending them out.

Definition: Describing work that is done independently, not tied to a specific employer or organization, often on a project basis.

Example: She enjoys freelance work because it allows her to choose her own projects and clients.

Definition: To work independently, often on a project basis, rather than being employed by a single company.

Example: She decided to freelance as a graphic designer after leaving her full-time job.

Definition: A person who works independently and offers services to different clients without being tied to a single employer.

Example: She decided to become a freelance writer to have more flexibility in her work schedule.

Definition: To work independently, often on a project basis, rather than being employed by a single company.

Example: She decided to freelance as a graphic designer after leaving her full-time job.

Definition: A person who works independently, often on a project basis, rather than being employed by a company.

Example: She decided to become a freelancer to have more control over her work schedule.

Definition: A large road designed for fast traffic, usually with multiple lanes and no tolls, allowing vehicles to travel long distances quickly.

Example: We drove on the freeway to reach the city faster.

Definition: The goods that are transported by a vehicle, especially in commercial shipping or delivery.

Example: The freight arrived at the warehouse on time.

Definition: To transport goods or cargo, usually for commercial purposes.

Example: The company will freight the products to the warehouse by next week.