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English definition of “government-chartered”

government-chartered

adjective uk   /ˌɡʌv.ən.məntˈtʃɑː.təd/ us    /-ɚn.məntˈtʃɑːr.t̬ɚd/
relating to companies and other organizations that work with special permission from their government: Overseas Private Investment Corp. is a US government-chartered corporation that provides guarantees and insurance to US companies investing in developing countries.
(Definition of government-chartered from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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