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.
Freebase (0.00 / 0 votes) Rate this definition: Median lethal dose. In toxicology, the median lethal dose, LD50, LC50 or LCt50 of a toxin, radiation, or pathogen is the dose required to kill half the members of a tested population after a specified test duration.LD50 figures are frequently used as a general indicator of a substance's acute toxicity.n toxicology, the median lethal dose, LD50, LC50 or LCt50 of a toxin, radiation, or pathogen is the dose required to kill half the members of a tested population after a specified test duration. LD50 figures are frequently used as a general indicator of a substance's acute toxicity.