franquia
nounfeminine/fɾɐ̃.ˈki.ɐ/medium
fran·qui·a
Definition
1. Exemption from a charge or toll. 2. A business system where a company grants a license to another to trade under its brand. 3. (Insurance) The excess; the amount of a claim that the insured must pay.
Diplomatic mail often travels under franquia.
He owns a fast-food franquia.
The insurance policy has a €500 franquia.
Common collocations
postal franquiafranchise agreementfranchise feeinsurance franquia
Etymology
Do francês 'franchise', por sua vez do francês antigo 'franc' (livre).