Definition: Franchises and similar rights

Balance of payments

Comprises international payments and receipts of franchising fees and the royalties paid for the use of registered trademarks.
Source:
European Union, Regulation (EC) No 184/2005 of the European Parliament and of the Council of 12 January 2005 on Community statistics concerning balance of payments, international trade in services and foreign direct investment (Official Journal of the European Union No L 35, 8.2.2005, p. 23 – 55)
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