charter (EN)

noun, verb

noun “charter”

1. a document from an authority that creates an institution and outlines its purposes and rights
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   The university was founded based on a charter granted by the government, outlining its rights to award degrees and conduct research.
2. a document giving rights and privileges to an individual or group
   The university received a royal charter granting it the status of an independent institution.
3. an official paper from a government or leader allowing the creation of an organization, town, or university with specific rights
   The city was officially recognized when it was granted its charter by the queen in 1750.
4. an agreement for renting a vessel or space on a vessel for commercial purposes
   The company signed a charter to lease a yacht for their annual team-building cruise.

verb “charter”

1. to officially declare the establishment of a new organization, town, or university with special rights
   The government chartered the new university, granting it the authority to award degrees.
2. to rent a plane, boat, etc., for personal use
   For their annual company retreat, they chartered a bus to transport all employees to the beach resort.