Franchising : An intra- company contractual relationship, where one company (the franchiser) allows another (the franchisee) to use its good name and often some product and process, in return for compensation
Ulric Sealy (Compiler), Glossary of Industrial Relations and Related Terms and Concepts for Trade Unionists, International Labour Office, ISBN 92-2-113503-9, International Labour Organization ILO, First Ed. 2002, http://www.ilo.org/wcmsp5/groups/public/---america s/---ro-lima/---sro-port_of_spain/documents/public ation/wcms_224181.pdf, (Lbr Law and Ind Rltn - Brit) {782}