charter

US /ˈtʃɑːr.t̬ɚ/
UK /ˈtʃɑːr.t̬ɚ/
"charter" picture
1.

a written grant by the sovereign or legislative power of a country, by which a body such as a borough, company, or university is created or its rights and privileges defined

:
The city received its royal charter in 1205.
The company operates under a new corporate charter.
2.

the hiring of an aircraft, boat, or bus for a special purpose

:
We arranged a private charter to the island.
The company offers yacht charters for luxury vacations.
1.

to grant a charter to (a city, company, college, etc.)

:
The king decided to charter the new university.
The organization was chartered to promote human rights.
2.

to hire (an aircraft, boat, or bus) for private use

:
They decided to charter a yacht for their vacation.
We need to charter a bus for the school trip.