2 a : a grant or guarantee of rights, franchises, or privileges from the sovereign power of a state or country The charter allows for unrestricted trading. 3 : a written instrument from the authorities of a society creating a lodge or branch The national headquarters approved the charter establishing the local lodge.What exactly is a charter school?
A charter school is a school that receives government funding but operates independently of the established state school system in which it is located. It is independent in the sense that it operates according to the basic principle of autonomy for accountability, that it is freed from the rules but accountable for results.What is a charter document?
Charter documents are essentially the formation documents of a company , such as the Articles of Incorporation or Articles of Organization. In many corporate transactions, such as foreign qualifications, a state may require the company to provide a copy of these documents.