recharter
-
a word derived from
charter.
charternouna document, issued by a sovereign or state, outlining the conditions under which a corporation, colony, city, or other corporate body is organized, and defining its rights and privileges.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Congress sent Jackson a bill to recharter the Bank of the United States in early July 1832, and he replied with a thunderous veto message excoriating special privileges.
From Textbooks ● Jan. 18, 2018
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In 1832, in the midst of his re-election campaign, Jackson, in the pivotal event of his presidency, vetoed a bill to recharter and keep in existence the Second Bank of the United States.
From Time ● Jan. 14, 2016
CEO Don Mayer wants to recharter as a benefit corporation if the Vermont law is passed, in part because he is considering selling a stake in the company to raise funds for a third store.
From BusinessWeek ● Apr. 22, 2010
Also, as he himself admits, it is important to recharter the Banks in a period of prosperity rather than during a depression, when opposition to renewing the Reserve charters will be strongest.
From Time Magazine Archive
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In 1811 the attempt to recharter the First United States Bank was defeated in the Senate by the casting vote of Vice-President Clinton.
From American Eloquence, Volume 4 Studies In American Political History (1897) by Alexander Johnston