1. the act or process of granting a new charter to an organization, institution, or vessel

Examples

• The bank’s rechartering was approved by federal regulators.
• The university underwent rechartering after major administrative changes.
• The nonprofit organization completed its rechartering process last month.
• Rechartering the school district required extensive community input.
• The ship’s rechartering allowed it to continue commercial operations.
• State officials reviewed the company’s application for rechartering.