distributorship

Definitions

The business or legal right of a distributor to sell a manufacturer's products in a specific area.

An establishment or business entity that acts as a distributor for a particular brand or company.

Examples

The company decided to grant a new distributorship to a local firm to expand its market reach.

After years of hard work, he finally secured the exclusive distributorship for the luxury watch brand in his region.

The contract for the distributorship was terminated due to a failure to meet the agreed-upon sales targets.

Synonyms

dealership franchise agency representation concession distributor retailer

Antonyms

manufacturer producer supplier originator maker creator factory