Definition, Meaning & Synonyms
recharter
verb
/riːˈtʃɑːrtər/
Definition
To renew or extend the charter of an organization or institution.
Examples
- The school board decided to recharter the local community center to better serve the needs of families.
- After several years of operation, the nonprofit needed to recharter in order to expand its services.
Meaning
Rechartering involves updating the legal document that defines the rights and responsibilities of an organization, often done to reflect changes in governance or operational scope.
Synonyms
- Renew
- Reauthorize
- Extend
- Revise charter