Franchisor Definition: The legal rights holder who licenses, in whole or in part, those legal rights to another pursuant to a franchise agreement. The franchisor typically owns the trade-mark or manufacturing rights associated with a product or service and that entity allows others, the franchisees, to represent themselves with that trade-mark or to manufacture that product or provide the otherwise protected service, in exchange for some fee. REFERENCES: Duhaime, Lloyd, Legal Defintiion of Franchise Categories & Topics: Company, Associations and Commercial Law Dictionary Intellectual Property and Internet Law Dictionary Find you are constantly looking up definitions? Try our search provider (works in most modern browsers) If you find an error or omission in Duhaime's Legal Dictionary, or if you have legal term suggestion, we'd love to hear from you!