Noun | 1. | charter - a document incorporating an institution and specifying its rights; includes the articles of incorporation and the certificate of incorporation |
2. | charter - a contract to hire or lease transportation | |
Verb | 1. | charter - hold under a lease or rental agreement; of goods and services |
2. | charter - grant a charter to | |
3. | charter - engage for service under a term of contract; "We took an apartment on a quiet street"; "Let's rent a car"; "Shall we take a guide in Rome?" |
CHARTER. 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. 1 Story,
Const. L. Sec. 161; 1 Bl. Com. 108 Encycl. Amer. Charte Constitutionelle.
2. A charter differs from a CONSTITUTION in this, 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.
3. 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. Co. Litt. 6; 1 Co. 1; Moor.
Cas. 687.
4. The act of the legislature creating a corporation, is called its
charter. Vide 3 Bro. Civ. and Adm. Law, 188; Dane's Ab. h.t.
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.
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