1. the act of hiring or renting a vehicle, ship, or aircraft for exclusive use
2. the act of granting a charter to establish an organization or institution

1. present participle of charter: hiring or renting a vehicle, ship, or aircraft for exclusive use
2. present participle of charter: granting a charter to establish an organization

Examples

• The company is chartering a bus for the employee retreat.
• Chartering a private jet was expensive but necessary for the urgent meeting.
• The chartering of the new university required approval from the state board.
• They are considering chartering a yacht for their vacation.
• The chartering process for the nonprofit organization took several months.
• Chartering a helicopter allowed them to reach the remote location quickly.
• The government is chartering a new bank to serve rural communities.