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charter

Definition 1

General: Formal document (instrument) that creates a legal entity, exemption, immunity, privilege, or right. In case of an organization, a charter defines or mandates its function(s) and lays down rules for its conduct or governance.

Definition 2

Incorporation: Alternative term for articles of incorporation, the US equivalent of the UK's memorandum of association.

Definition 3

Transport: Non-scheduled transport service by air, land, or sea, usually by hired or leased vessels. See also charterparty.

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