Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Bank charter
see charter
Bareboat charter
see charter (4)
Charter
ub. 1. To establish or grant by charter <charter a bank>. 2. To hire or rent for temporary use <charter a boat>.
Charterparty
A contract by which a ship, or a principal part of it, is leased by the owner, esp.to a merchant for the conveyance of goods on a predetermined voyage to one more places; a special contract between the shipowner and charterer, esp. for the carriage goods at sea. - Also written charter party; charter par ty. - Also termed charter agreement.
Magna Charta et Charta de Foresta sont appeles les deux grandes charters
Magna Carta and the Charter of the Forest are called the two great charters.
Nul charter, nul vente, ne nul done vault perpetualment, si le donor West seine al temps de contracts de deux droits, sc. del droit de possession et del droit de proper ite
No grant, no sale, no gift, is valid foreveunless the donor, at the time of the contract, i seised of two rights, namely, the right of T);, session and the right of propert
bank charter
A document issued by a governmental authority permitting a bank to conduct business.
catch-time charter
See time charter under charter (4).
charter
n. 1. An instrument by which a governmental entity (such as a city or state) grants rights, liberties, or powers to its citizens. 2. Hist. The writing that accompanies a livery of seisin. ( Rather than being an operative element of transfer, the writing was merely evidence of it. 3. A legislative act that creates a business or defines a corporate franchise. Cf. ARTICLES OF INCORPORATION.
charter agreement
See CHARTERPARTY.
charter of affreightment
See AFFREIGHTMENT.
charter-land
Hist. See BOOKLAND.
chartered life underwriter
An underwriter who has satisfied 'the requirements set forth by The American College (formerly The American College of Life Underwriters) to be designated a life insurance underwriter. -Abbr. CLU.
chartered ship
A ship specially hired to transport the goods of only one person or company.
charterparty
A contract by which a ship, or a principal part of it, is leased by the owner, esp.to a merchant for the conveyance of goods on a predetermined voyage to one more places; a special contract between the shipowner and charterer, esp. for the carriage goods at sea. - Also written charter party; charter par ty. - Also termed charter agreement.
corporate charter
1. CERTIFICATE OF INCOR, PORATION (1). 2. A document that one files with the secretary of state upon incorporating a business. ( The corporate charter is often the articles of incorporation.
demise charter
A charter under which the ship owner surrenders possession and control of the vessel to the charterer, who then succeeds to many of the shipowner's rights and
demise charterer
See demise charter under charter.
gross charter
A charter under which the shipowner provides all personnel and pays all expenses.
home-rule charter
A municipal corporation's organizational plan or framework, analogous to a constitution, drawn by the municipality itself and adopted by popular vote of the citizenry.
municipal charter
A charter by which a municipality is constituted. "Municipal Charters. - The charter issued to a municipality is in the nature of a constitution to it, being superior to all ordinances enacted by that municipality, though inferior in rank to all State laws of every kind." Frank Hall Childs, Where and How to Find the Law 8 (1922).4. The leasing or hiring of an airplane, ship, or other vessel. bareboat charter. A charter under which the shipowner provides the ship, and the chatterer provides the personnel, insurance, and other materials necessary to operate it. - Also termed demise charter. catch-time charter. See time charter.
surrender of charter
Corporations. The dissolution of a corporation by a formal yielding of its charter to the state under which it was created and the subsequent acceptance of that charter by the state. "The surrender of a charter can be made only by some formal, solemn act of the corporation, and will be of no avail until accepted by the government. There must be the same agreement of the parties to dissolve that there was to form the compact. It is the acceptance which gives efficacy to the surrender. Consent of the state is sometimes given by general statute." 19 Am. Jur. 2d Corporations ยง 2738, at 546 (1986).
time charter
A charter for a specified period, rather than for a specific task or voyage; a charter under which the shipowner continues to manage and control the vessel, but the charterer designates the ports of call and the cargo carried. 0 Each party bears the expenses related to its functions and for any damage it causes. - Also termed catch-time charter.
voyage charter
A charter under which the shipowner provides a ship and crew, and places them at the disposal of the charterer for the carriage of cargo to a designated port. The voyage charterer may lease the entire vessel for a voyage or series of voyages - or may (by "space charter") lease only part of the vessel.