Charterer
/ˈtʃɑːrtərər/
Definitions
- (n.) A party who leases or hires a vessel or vehicle under a charter agreement.
The charterer agreed to pay the freight charges as specified in the contract.
Forms
- charterers
Related terms
See also
Commentary
In maritime and transport law, the charterer is distinct from the owner, holding possession under contract; clarity in charter agreements is essential to delineate rights and obligations.
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.