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.
Pharmacology: Half-life of Drugs. As repeated doses of a drug are administered its plasma concentration builds up and reaches what is known as a steady state.