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charter

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Charter

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Articles of Incorporation

A document outlining the basic functions of a company. Among other things, it states whether it will be an S Corporation or a C Corporation and how many authorized shares there will be. It also states how its corporate governance and operations will work. A company that seeks to incorporate must file articles of incorporation with the appropriate authority. In the United States, that authority is usually the states and sometimes the federal government. It is also called a corporate charter or simply a charter. See also: Charter Amendment Limitations.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

charter

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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References in periodicals archive
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Additionally, in most states, charter schools cannot organize as their
school board, which could be hostile to the charter school, to
charter school managers cite this reliance as a source of concern for
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