dictionary.pt

dictionary.pt

franquia

nounfemininegeneral usecommon/fɾɐ̃.ˈki.ɐ/fran·qui·a

Definition

1

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.

Usage examples

Diplomatic mail often travels under franquia.
He owns a fast-food franquia.
The insurance policy has a €500 franquia.

Common combinations

postal franquiafranchise agreementfranchise feeinsurance franquia