rechartering

Extending official authorization

Rechartering is the act of granting a new charter to an organization whose original charter has expired or been revoked.

The term appears most often in discussions of banks and other institutions that operate under government-issued charters: The debate over rechartering the national bank dominated the 1832 election.

It can also refer to renewing the charter of a local chapter within a larger organization.

organizational

renewal

Making current again

extensionAdded part or duration
bylawsOrganization's internal regulations
nonprofitOrganization serving public good

constitution · amendment · incorporation · governance · articles · board · membership · restructuring · compliance · filing

banking

bank

Place holding deposits

licenseFormal grant of permission
federalDivided governmental authority
regulatoryInvolving official oversight

FDIC · authorization · institution · financial · supervision · compliance · renewal · examination · approval · congressional

transportation

vessel

Receptacle for contents

shipSeagoing transport vessel
aircraftAirborne transportation vehicle
leaseTemporary use contract

contract · hire · booking · renewal · fleet · carrier · freight · voyage · renegotiation · agreement

scouting

troop

Mobile group, organized

packGroup or compress
councilAdvisory deliberative group
BSAMultipurpose three-letter abbreviation

sponsor · committee · registration · annual · unit · den · leader · renewal · membership · organization

Opposites

institutional continuation vs. termination

recharteringdissolution

Breaking up completely

dissolving · disbanding · termination · liquidation · winding up

authorization status

recharteringrevocation

Official cancellation of privilege

revoking · decertification · disaffiliation · rescinding · cancellation

Family

charter, charters, chartered, chartering, unchartered, charterer, rechart, recharter, charterers

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