charter

/'tʃɑ:tə/
Noun
  1. a contract to hire or lease transportation
  2. a document incorporating an institution and specifying its rights; includes the articles of incorporation and the certificate of incorporation
Verb
  1. engage for service under a term of contract
    • We took an apartment on a quiet street
    • Let's rent a car
    • Shall we take a guide in Rome?
  2. grant a charter to
  3. hold under a lease or rental agreement; of goods and services

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charter
The company signed a charter for a private jet.