English Explanatory Dictionary

charterparty

English dictionary entry

Meanings

noun
  1. A contract between a shipowner and a merchant, under which a ship is hired for the conveyance of goods, etc.

Word forms

charterparty charterparties charter-party charter party

Etymology

From French charte-partie, literally divided charter, as the practice involved dividing it in two and giving one half to each person.

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