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charter meaning

[ 'tʃɑ:tə ] Pronunciation:   "charter" in a sentence
  • Noun: charter  chaa(r)tu(r)
    1. A document incorporating an institution and specifying its rights; includes the articles of incorporation and the certificate of incorporation 
    2. A contract to hire or lease transportation
    Verb: charter  chaa(r)tu(r)
    1. Hold under a lease or rental agreement; of goods and services
      - rent, hire, lease 
    2. Grant a charter to 
    3. Engage for service under a term of contract
      - lease, rent, hire, engage, take

    Derived forms: chartering, charters, chartered

    Type of: acquire, certify, contract, document, get, licence [Brit, Cdn], license, papers, undertake, written document

    Encyclopedia: Charter


  • [Business]
    AmE / noun, verb

    noun [C]

    TIME CHARTER, VOYAGE CHARTER

    1 (HR )

    a formal written statement of the principles and aims of an organization:

    Under the new charter all employees must sign a contract of employment.

    2 (Law ) (also corporate charter) (both AmE)

    in some US states, the name used for the articles of incorporation (= one of the legal documents that is created when a company is formed):

    Shareholders voted on an amendment to the company charter.

    3

    a written statement describing the rights that a particular group of people should have:

    the European Union's Social Charter of workers' rights

    4 (Transport )

    the system of hiring/renting a plane, boat, etc. for use by a group of people; a vehicle used in this way:

    a yacht available for charter

    a charter airline

    a charter flight (= where a travel agency buys all the seats and sells them to its customers)

    the arrival of a charter from Alicante

    verb [+ obj]

    (Transport )

    to hire/rent a plane, boat, etc. for your own use:

    chartered ships


  • [Finance]
    See: Articles of incorporation

  • [Law]
    A grant made by the sovereign, either to the whole people or to a portion of them, securing to them the enjoyment of certain rights. Of the former kind is the late charter of France, which extended to the whole country; the charters which were granted to the different American colonies by the British government were charters of the latter species.

    A charter differs from a constitution in that the former is granted by the sovereign, while the latter is established by the people themselves: both are the fundamental law of the land.

    This term is susceptible of another signification. During the middle ages almost every document was called carta, charta, or chartula. In this sense the term is nearly synonymous with deed.

    The act of the legislature creating a corporation is called its charter.

    Mar. Contr. An agreement by which a vessel is hired by the owner to another; as A B chartered the ship Benjamin Franklin to C D.
       

Examples

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  1. this charter was never carried into effect.
  2. we will charter a steamer to convey the goods.
  3. the resort to air charters turned out to be a fiasco.
  4. no charter company was eager to court arab boycott.
  5. the elementary tools for a peaceful settlement are to be found in the charter.

Related Words

  1. chart-buster meaning
  2. chart-busting meaning
  3. chart-room meaning
  4. charta meaning
  5. chartaceous meaning
  6. charter amendment limitations meaning
  7. charter bus meaning
  8. charter flight meaning
  9. charter mark meaning
  10. charter mayor meaning
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