Chartered Company
/ˈtʃɑːrtərd ˈkʌmpəni/
Definitions
- (n.) A corporation or company created by a royal charter granting it specific rights and privileges, often including monopolistic commercial rights in a territory or industry.
The British East India Company was a famous chartered company with extensive trade privileges.
Forms
- chartered companies
Related terms
See also
Commentary
Chartered companies historically combined commercial and governmental powers, often impacting sovereignty and colonial administration; drafters should note the significance of the charter's scope and privileges.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.