charter party

noun
charter ( def 5 ).

Origin:
1530–40

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Encyclopedia Britannica
Encyclopedia

charter party

contract by which the owner of a ship lets it to others for use in transporting a cargo. The shipowner continues to control the navigation and management of the vessel, but its carrying capacity is engaged by the charterer.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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00:10
Charter party is always a great word to know.
So is flibbertigibbet. Does it mean:
a chattering or flighty, light-headed person.
a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.
Example sentences
Issued to charter party carrier operating limousines to and from airports.
We will first consider indemnification under the charter party.
Ocean freight contract--a charter party or liner booking note.
Three other members of the charter party hooked-up with large fish simultaneously.
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