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English definition of “charter”

charter

verb [T]     /ˈtʃɑːtər/
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.
(Definition of charter verb from the Cambridge Business English Dictionary © Cambridge University Press)
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