Under a franchise arrangement, a person or company purchases the ability to run a local business under a larger company's brand. Depending on the franchise arrangement, the local party may have to meet certain standards established by the larger company and purchase products from the larger company as well.
Half-cock is when the position of the hammer is partially but not completely cocked.
Summary. That in a nutshell, so to speak, is what a half-life is all about. The amount of time it takes to for a drug to be reduced to one of half of its actual dosage, in a process that happens repeatedly until the drug is no longer effective. References.