Meaning

• Noun

  1. A document issued by some authority, creating a public or private institution, and defining its purposes and privileges.
  2. A similar document conferring rights and privileges on a person, corporation etc.
  3. A contract for the commercial leasing of a vessel, or space on a vessel.
  4. The temporary hiring or leasing of a vehicle.
  5. A deed (legal contract).
  6. A special privilege, immunity, or exemption.
  7. a provision whose unintended consequence would be to encourage an undesirable activity

• Adj
• Verb