charter

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Charter

A grant from the government of ownership rights in land to a person, a group of people, or an organization such as a corporation.

A basic document of law of a Municipal Corporation granted by the state, defining its rights, liabilities, and responsibilities of self-government.

A document embodying a grant of authority from the legislature or the authority itself, such as a corporate charter.The leasing of a mode of transportation, such as a bus, ship, or plane. A charter-party is a contract formed to lease a ship to a merchant in order to facilitate the conveyance of goods.

charter

n. the name for Articles of Incorporation in some states, as in a corporate charter.

charter

(Declaration of rights), noun announcement, constitution, decree, official announcement, proclamation, promulgation, pronouncement, public announcement, public statement, publication, writing
Associated concepts: amendment of a charter, amendment to a charter, articles of incorporation, charter of a foreign corporation, charter of a municipal corporation, charter of an association, corporate charter, county charter, municipal charter, partnership charter, reform a charter, repeal of a charter, special charter, state charter

charter

(License), noun authority, certificate, certifiiate of permission, dispensation, express permission, grant, imprimatur, instrument, muniment, official docuuent, patent, permit, written permission
Associated concepts: chartered bank, chartered by law, exxiration of a charter, renewal of a charter

charter

(Sanction), noun acceptance, acquiescence, admission, allowance, approval, assent, authority, authorization, concurrence, consent, countenance, delegation, empowerment, endorsement, enfranchisement, entitlement, franchise, grant, leave, liberty, license, permission, permit, pragmatic sanction, privilege, ratification, recognition, sufferance, support, tolerance, toleration, vested right
Associated concepts: chartered by the law
See also: agreement, allow, appoint, appointment, approve, authority, authorize, bestow, brevet, bylaw, capacity, certificate, certify, code, confirm, constitute, constitution, contract, countenance, deed, delegate, document, enactment, engage, establish, franchise, hire, immunity, incorporate, instrument, invest, launch, law, lease, let, license, ordinance, pact, pandect, permission, permit, prerogative, privilege, protocol, rent, sanction, tolerance, treaty, vest, warrant

CHARTER. A grant made by the sovereign either to the whole people or to a portion of them, securing to them the enjoyment of certain rights. Of the former kind is the late charter of France, which extended to the whole country; the charters which were granted to the different American colonies by the British government were charters of the latter species. 1 Story, Const. L. Sec. 161; 1 Bl. Com. 108 Encycl. Amer. Charte Constitutionelle.
     2. A charter differs from a CONSTITUTION in this, that the former is granted by the sovereign, while the latter is established by the people themselves : both are the fundamental law of the land.
     3. This term is susceptible of another signification. During the middle ages almost every document was called carta, charta, or chartula. In this sense the term is nearly synonymous with deed. Co. Litt. 6; 1 Co. 1; Moor. Cas. 687.
     4. The act of the legislature creating a corporation, is called its charter. Vide 3 Bro. Civ. and Adm. Law, 188; Dane's Ab. h.t.

CHARTER, mar. contr. An agreement by which a vessel is hired by the owner to another; as A B chartered the ship Benjamin Franklin to C D.

References in periodicals archive ?
Because the spread between HFO and IMO 2020-compliant fuel is still unknown, the premium charterers should pay to employ scrubber-fitted ships remains unclear.
This article focuses not on a time charterer's liability to
M/V NAIMO, (51) the shipper filed suit against the vessel owner and charterer, alleging liability under COGSA and bailment.
Before 2010 only shipmanagement companies were established, but following the introduction of TTS companies by charterers and owners of foreign ships were established in Cyprus.
Under UAE law, demurrage is considered, for a finite time period, part of the hire owed by the charterer to the owner and, thereafter, is considered a claim for liquidated damages.
The charterer has the option to employ the vessel for a further twenty-two to twenty-six month period at the same daily gross charter rate less USD 350 per day commission paid to third parties.
Wallentin acknowledges that the solution and guarantee may not be attractive for all vessels and all trades, but that the methodology behind HPS serves as a useful tool for all owners and charterers seeking improved data on hull performance.
Since the vessel is outside anchorage, the immigration does not allow the charterers to carry out any crew change.-Supplied photo
The bill of lading did not state that the vessel was under charter and did not mention the name of the charterer or the owner, also the charterparty was not attached to the bill of lading.
There should be an urgency now among various players in the shipping industry, including shipowners and charterers, to plan for the International Maritime Organization's global sulfur limit rule as the 2020 deadline is fast approaching and transition will be challenging, Rajiv Nigam, general manager, technical services group at Wilhelmsen Ship Management, quoted as saying last week.
Complemented by strategic long-term agreements with well-established charterers and its own determination to operate sustainably, Nakilat has managed to maintain steady cash flow and generate positive value for its shareholders, the company added.
'While NIMASA is currently engaging the owners and charterers of the vessel on the need to comply with the laws of the land, MT NAVIGATOR CAPRICORN has been moved to Lagos Anchorage to allow space for other LPG vessels to discharge at the NOJ Jetty.