charter

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. (in a noun phrase with another noun which is either an agent or action) a provision whose unintended consequence would be to encourage an undesirable activity

   2005 November 30, Stephen Foley "The market where 'caveat emptor' has become a charter for fraud" The Independent, London

1. To grant or establish a charter.
2. To lease or hire something by charter.
3. (of a peace officer) To inform (an arrestee) of their constitutional rights under the Canadian Charter of Rights and Freedoms upon arrest.

adjective

Leased or hired.