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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: PCModem who wrote (37143)5/26/1999 12:35:00 PM
From: Siber  Read Replies (1) | Respond to of 43774
 
Franchising....and the benefits. Life is goooooood in PABN land.

franchise
['fran-'chiz]

Anglo-French, literally, freedom, liberty, from Middle French, from franchir
to free, from Old French franc free

1: a special right or privilege granted by the government to an individual,
group, or business entity: as

a: a right to conduct a business and esp. to be and to exercise the powers
of a corporation

b: a right granted to a public utility company to provide services and to use
public land for that purpose

2: a constitutional or statutory right

esp
: the right to vote (used with the)
Example: restricting them in employment, education, the ~, legal personality,
and public accommodation -- W. H. Burns

3: a right or license that is granted to an individual or group to market a
company's goods or services in a particular territory under the company's
trademark, trade name, or service mark and that often involves the use of
rules and procedures designed by the company and services (as advertising)
and facilities provided by the company in return for fees, royalties, or other
compensation


also
: a business granted such a right or license
Example: ran a fast-food ~

4 a: an amount of liability (as a percentage or sum) specified in an insurance
contract below which an insurer disclaims liability and above which the
insurer assumes total liability
(compare deductible)

b: group insurance covering fewer than the minimum number of participants
required by law for such coverage