The term "chartered" refers to something that has been officially recognized, authorized or granted a license by an appropriate authority. In other words, it means being given permission or authorization to do something.
In the context of business and finance, charter refers to the legal document that establishes a company or financial institution such as a bank or insurance firm. This document outlines the purpose, structure, and rules governing the operations of the organization.
The term can also be used in reference to transportation, specifically when referring to an aircraft or ship that has been granted permission to operate by a regulatory body.
In summary, "chartered" means something that is officially recognized, authorized or licensed to carry out certain activities within specific guidelines and rules.