Meaning of the word chartered in English

What does chartered mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

chartered

US /ˈtʃɑːr.tɚd/
UK /ˈtʃɑːr.tɚd/

Adjective

1.

(of a company, college, city, or other body) founded or having its rights and privileges established by means of a charter.

Example:
a survey was sent to 100 or the largest chartered corporations
2.

(of an aircraft, boat, or bus) having been rented for private use.

Example:
eighty journalists were flown in by chartered plane
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