charter

(redirected from charterer)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia, Wikipedia.
Related to charterer: character

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 ?
direct negligence or fault of the charterer, theories of strict
In Nichimen, the shipper brought a cause of action under COGSA against both the charterer and the vessel owner alleging damage to cargo.
According to the legislation, full exemption is allowed to shipowners, charterers and shipmanagement from all profit taxes, corporation and income taxes.
This amount is, therefore, simply added to any hire owed by the charterer to the owner.
The letter is one year older than the date of the shipment but this letter is a statement from the charterer to the ship-owners as to the names of the ship agents at different ports who represent them.
Steve Thomas, managing director of the charterer, Pyramid Shipping Consultants in Trinidad, said the company had asked Haiti to act after the MV Romana I, carrying US$300,000 worth of construction equipment, ignored instructions to deliver the equipment in Tobago and sailed with it to Haiti -- which was not a scheduled stop;
We will continue to work towards adding value for our charterer and remain committed to improving our vessel utilisation rate.
Firstly, a "last voyage" clause now permits a charterer to maintain the terms of the charterparty, either at the same rate or the prevailing market rate (whichever is the higher), should its last voyage exceed the stated charter period.
The charterer has options to purchase the vessel after 12 and 15 years from the date of delivery.
a global shipping company providing transportation solutions in the dry bulk sector, announced today the execution of three agreements with a leading publicly-traded mining company ( the Charterer ), for the voyage employment of three Newcastlemax vessels, HN 1359, HN NE 166 (tbn Gargantua) and HN NE 184 (tbn Maharaj) (collectively the Vessels ), to be delivered with the latest generation fuel-efficient specifications from leading shipyards in China.
Previously, a vessel owner that suffered delays due to the fault of a charterer was entitled to charge said charterer double the agreed rates for any overdue period.
The delay was caused by the charterer, Gulf Agency Company (GAC), failing to pay up under the terms of the original charter party agreement, Fairstar Heavy CEO Philip Adkins said.