chartering Definition
- 1the act of hiring a ship, aircraft, or other vehicle for a particular purpose
- 2the process of granting a charter or establishing rules
Using chartering: Examples
Take a moment to familiarize yourself with how "chartering" can be used in various situations through the following examples!
Example
The company is considering chartering a private jet for the executives.
Example
The chartering of the new organization was announced yesterday.
Example
The chartering process involves obtaining legal permission to establish a new business.
chartering Synonyms and Antonyms
Phrases with chartering
a contract in which a vessel is hired for a specific period of time
Example
The shipping company entered into a time chartering agreement with a client for six months.
a contract in which a vessel is hired for a specific voyage or series of voyages
Example
The cargo was transported under a voyage chartering agreement between the two companies.
a contract in which a vessel is leased without crew or provisions, and the charterer assumes full responsibility for the operation of the vessel
Example
The yacht was available for bareboat chartering for experienced sailors.
Summary: chartering in Brief
Chartering [ˈtʃɑːtərɪŋ] refers to the act of hiring a ship, aircraft, or other vehicle for a specific purpose. It can also refer to the process of granting a charter or establishing rules. Examples include 'The company is considering chartering a private jet for the executives' and 'The chartering process involves obtaining legal permission to establish a new business.' Different types of chartering include time chartering, voyage chartering, and bareboat chartering.