noun
- an official document that establishes an organization and grants it certain rights
- the hiring or renting of a vehicle, ship, or aircraft for exclusive use
verb
- to hire or rent a vehicle, ship, or aircraft for exclusive use
- to grant a charter to an organization
Examples
- The university received its charter from the state in 1885.
- The company’s charter outlines its mission and governance structure.
- We decided to charter a bus for the school trip.
- The fishing boat was available for charter during the summer months.
- They chartered a private jet to reach the remote location quickly.
- The state will charter the new credit union next month.