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▪ I. charter char‧ter 1 [ˈtʆɑːtə ǁ ˈtʆɑːrtər] verb [transitive]1. TRANSPORT TRAVEL to pay for the use of a plane, boat, train etc for a particular period of time or a particular journey:• The US government has chartered 41 commercial vessels to carry equipment to the Mideast.
2. COMMERCE to officially allow a financial institution to operate in a particular place:• Banks chartered in Delaware are allowed to act as insurers.
[m0] ▪ II. charter charter 2 noun1. [countable, uncountable] TRAVEL TRANSPORT an arrangement in which a person or organization pays a company to use its ships, aircraft etc:• Two of its ships were being repaired and unavailable for charter.
• Charter rates (= rates charged for charter ) for oil tankers have risen to more than $50,000 a day.
• No ship without a charter party (= official contract between the owner and the user ) could be loaded.
a charter in which the owner rents out a ship or aircraft only, and the client provides fuel, people to work on it etca charter in which the owner rents out a ship for a particular period of timea charter in which the owner rents out a ship for a particular journey2. [countable] LAW in the US, an official document that allows a business to operate and controls its activities:• The company was granted a New York state charter.
3. [countable] a statement of the principles, duties, and aims of an organization:• The signing of the United Nations Charter took place in San Francisco on 26 June 1945.
• the review of the BBC's charter
ˈcitizen's ˌcharter [singular]in Britain and some other countries, a statement about standards of service that people should expect from local and national government departments:• The country is considering a citizen's charter to cut bureaucracy.
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Ⅰ.charter UK US /ˈtʃɑːtər/ noun► [C] GOVERNMENT, SOCIAL RESPONSIBILITY a formal statement of the rights of a country's people, or a particular social group, which is agreed by or demanded from a government, etc.: »Education is one of the basic human rights written into the United Nations Charter.
► [C] a statement of the aims and values of an organization, etc.: »The city charter and state law require the city to enact a balanced budget before April 1.
► [C] LAW in the US, an official document that shows that a company has been formed legally and that controls how it operates: »Commercial banks with a national charter are supervised by the Office of the Comptroller of the Currency.
► [U] TRANSPORT the renting of a plane or ship: »a charter flight
»a major charter operator
→ See also BAREBOAT CHARTER(Cf. ↑bareboat charter), CITIZEN'S CHARTER(Cf. ↑citizen's charter), TIME CHARTER(Cf. ↑time charter), VOYAGE CHARTER(Cf. ↑voyage charter)Ⅱ.charter UK US /ˈtʃɑːtər/ verb [T]► TRANSPORT to rent a plane or ship, for a special use and not as part of a regular service: »The company chartered a plane to take executives to the conference.
► LAW to start a new organization by giving it an official charter: »The Second Bank of the United States was chartered in 1816.
Financial and business terms. 2012.