char·ter / ˈchärtər/ • n. 1. a written grant by a country’s legislative or sovereign power, by which an institution such as a company, college, or city is created and its rights and privileges defined. ∎ a written constitution or description of an organization's functions. 2. the reservation of an aircraft, boat, or bus for private use: a plane on charter to a multinational company. ∎ an aircraft, boat, or bus that is reserved for private use. ∎ a trip made by an aircraft, boat, or bus under charter. • v. [tr.] 1. grant a charter to (a city, college, or other institution). 2. reserve (an aircraft, boat, or bus) for private use.
charter, document granting certain rights, powers, or functions. It may be issued by the sovereign body of a state to a local governing body, university, or other corporation or by the constituted authority of a society or order to a local unit. The term was widely applied to various royal grants of rights in the Middle Ages and in early modern times. The most famous political charter is the Magna Carta of England. Chartered companies held broad powers of trade and government by royal charter. In colonial America, chartered colonies were in theory, and to an extent in fact, less subject to royal interference than were royal colonies.
A grant from the government of ownership rights in land to a person, a group of people, or an organization such as a corporation.
A basic document of law of amunicipal corporationgranted by the state, defining its rights, liabilities, and responsibilities of self-government.
A document embodying a grant of authority from the legislature or the authority itself, such as a corporate charter.
The leasing of a mode of transportation, such as a bus, ship, or plane. A charter-party is a contract formed to lease a ship to a merchant in order to facilitate the conveyance of goods.