Definition: The forint is the official currency of Hungary, used for all financial transactions in the country.

Example: When traveling to Hungary, you will need to exchange your money for forints.

Definition: To happen or occur by chance, often used in a historical or literary context.

Example: It is said that good things fortune when you least expect them.

Definition: A large amount of money or wealth, or the idea of fate and luck that affects people's lives.

Example: She inherited a fortune from her grandparents.

Definition: To give someone wealth or good luck, often used in an old-fashioned context.

Example: The old man fortune his children with a large inheritance.

Definition: Relating to or consisting of parts or pieces rather than a whole.

Example: The fractional ownership model allows multiple people to share the cost of a property.

Definition: To divide something into smaller parts or sections.

Example: The company decided to fractionalize its assets to make them easier to manage.

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.