A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Master franchise

The master franchise is a type of franchising that involves three levels of participants: the franchisor, the master franchisee and de franchisees. Typically, the master franchisee will pay an initial fee and agree to a minimum development schedule. The master…

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Master franchise contract

This contract is a franchising contract whereby a company (the Master Franchisor the owner of the trademark) grants another (Master Franchisee) the right to exploit and assign franchises on an exclusive basis, creating a franchise units network in a specified…

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Mate´s receipt

A document issued by the carrier to the shipper, indicating receipt of the goods, but not loading on board. Like a Bill of Lading B/L, a mate´s receipt can be either clean or claused/dirt/foul, depending on whether or not the…

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Maturity date

The date an obligation becomes due. In bank collections, the due date of an accepted draft.

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