Chartered

Relating to or operating under a charter; formally authorized or incorporated. This term signifies a recognized status, often implying specific rights, privileges, and responsibilities granted by a governing body, organization, or entity. It can apply to various entities like companies, professional bodies, and educational institutions, ensuring a degree of credibility, standards of practice, and sometimes, limited liability. Being Chartered typically indicates adherence to established rules and ethical guidelines. It is a symbol of official recognition and sometimes confers certain monopolies or special access.

Chartered meaning with examples

• The British Medical Association is a Chartered body, ensuring its members adhere to stringent ethical and professional guidelines. This offers patients assurance of quality care and practitioner competence. Being Chartered provides recognition.
• The company was Chartered by the government to operate the new railway line, granting it exclusive rights for a specific period. This charter allowed the company to raise capital and build the infrastructure.
• To become a Chartered accountant, one must pass rigorous examinations and meet specific experience requirements set by the professional body. This guarantees accountability and proficiency.
• The university, being a Chartered institution, has a history of academic excellence and a recognized curriculum. Its Chartered status attracts qualified students and research grants. Its respected status.
• The yacht club, operating under its charter, organizes regattas and promotes sailing within the local community. The charter outlines its purpose, membership rules, and governance structure.