chartered
adjective
[ ˈtʃɑːtəd ]
• (of a city, company, university, or other body) founded or having its rights and privileges established by means of a charter.
• "the town's celebration of its 800th anniversary as a chartered borough"
• (of an aircraft or ship) having been hired.
• "eighty journalists were flown in by chartered plane"
charter
verb
• grant a charter to (a city, company, university, or other body).
• "the company was chartered in 1864"
• hire (an aircraft or ship).
• "he immediately chartered a plane to take him to Paris"
Origin:
Middle English: from Old French chartre, from Latin chartula, diminutive of charta ‘paper’ (see card1).