charter (EN)
noun, verb

noun “charter”

sg. charter, pl. charters or uncountable
  1. a document from an authority that creates an institution and outlines its purposes and rights
    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”

charter; he charters; past chartered, part. chartered; ger. chartering
  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.