Rechartering: meaning, definitions and examples
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rechartering
[ riːˈtʃɑːrtərɪŋ ]
business process
Rechartering refers to the process of renewing or changing the charter of an organization, program, or vehicle. This typically involves updating the principles, goals, or guidelines under which the group operates, often to better reflect current objectives or regulations.
Synonyms
Examples of usage
- The company is rechartering its mission to better align with its new goals.
- After years of operation, the nonprofit was rechartering to address modern challenges.
- Rechartering the committee helped to enhance its effectiveness in decision-making.
Translations
Translations of the word "rechartering" in other languages:
🇵🇹 recondução
🇮🇳 पुनः चार्टिंग
🇩🇪 Neuausstattung
🇮🇩 perpanjangan
🇺🇦 переведення на новий термін
🇵🇱 przedłużenie
🇯🇵 再契約
🇫🇷 renouvellement
🇪🇸 renovación
🇹🇷 yeniden sözleşme
🇰🇷 재계약
🇸🇦 إعادة التعيين
🇨🇿 nové smlouvání
🇸🇰 nové zmluvy
🇨🇳 重新授权
🇸🇮 novo pooblastilo
🇮🇸 endurnýja
🇰🇿 жаңарту
🇬🇪 ახალი შეთანხმება
🇦🇿 yeniləmə
🇲🇽 renovación
Etymology
The term 'rechartering' is derived from the prefix 're-', meaning 'again' or 'back', combined with 'charter', which originates from the Latin 'carta', meaning 'paper' or 'document'. This Latin word evolved through Old French, where it took on the meaning of an official document granting rights or privileges. In contemporary usage, especially in organizational contexts, it refers to the act of formally renewing or modifying a charter to reflect current operational needs or regulatory requirements. The practice of rechartering has become increasingly relevant in various fields, including nonprofit organizations, corporate governance, and governmental agencies, as they adapt to changing environments and expectations.