Chartered
Pronunciation : Char"tered
Part of Speech : a.
Definition : 1. Granted or established by charter; having, or existing under, a charter; having a privilege by charter. The sufficiency of chartered rights. Palfrey. The air, a chartered libertine. Shak.
2. Hired or let by charter, as a ship.
Source : Webster's Unabridged Dictionary, 1913