1. a person or company that hires a ship, aircraft, or vehicle for exclusive use
Usage: business; transportation

Examples

• The oil company acted as the charterer for three cargo ships.
• As the charterer, we were responsible for loading and unloading costs.
• The airline found a charterer willing to lease their aircraft for the summer season.
• The charterer must provide proper insurance coverage for the vessel.
• Our company serves as a charterer for private jets and luxury yachts.
• The charterer agreed to pay all fuel costs during the rental period.