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A charter is a document bestowing certain rights on a town, city, university, land or institution; sometimes used as a loan of money. The term derives from a root word meaning "paper".
OriginAs John Fiske described in his 1890 treatise on the Origin of Civil Government in the United States:
HistoryIn Anglo-Saxon England charters were used to grant land rights. Charters were issued in medieval times by Royal decree, perhaps giving a particular town the right to hold a weekly market, or to levy a toll on a road or bridge. Legal statusA charter is a legally binding document incorporating an organization or institution and specifying its purpose, remit or bylaws. Organizations such as the Institution of Civil Engineers in the UK is chartered to maintain and advance the science and practice of civil engineering in the UK, and by this charter has the right to regulate the business of civil engineering in the UK; this gives rise to a status of a chartered engineer - one who satisfies the requirements of the charter holding organization. Charter schoolsIn education, charter schools are becoming quite common. Charter colonyA charter colony is a type of colony that was established by a group of settlers that received a charter. Charter memberThe term charter member refers to a person or group who was among those participating in the creation of any chartered organization. See also
External links
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