Related Words

Franchise: A team; the legal arrangement that establishes ownership of a team.

Franchise Investment Law: Administered by the California corporations commissioner, the law requires disclosure from the franchisor to the franchisee and is intended to protect prospective purchasers of franchises.

Corporation Franchise Tax Lien: State governments generally levy a corporation franchise tax on corporations as a condition of allowing them to do business in the state. Such a tax is a general statutory involuntary lien o . . . View Full Definition

Franchise Tax: An income tax, California corporations pay.

Independent: A brokerage firm operating on-its-own without an affiliation with a regional or national franchise.

Intangible Asset: Defined benefit pension plans that are guaranteed by life insurance products. Related: Non-insured plans

Rhythm game: This is a broad term used to describe music and movement games that rely on rhythmically repeating specific button presses or movements in time with music. Most recently popularized with the . . . View Full Definition

Sim: Abbreviation of 'simulation.' It's also the name given to the virtual 'people' the Electronic Arts' The Sims franchise.

Expansion Draft: A special arrangement to assist new franchises in obtaining players, where expansion teams choose players from other teams’ rosters.

Fanboy: A term used to describe an individual that is completely devoted to a particular franchise, product, or (in some cases) company. Very often associated with an unwavering faith in a particula . . . View Full Definition