Definition: A document issued by some authority, creating a public or private institution, and defining its purposes and privileges.

Alright class, settle down, let’s take a look! You’ve got a great definition there, quite clear and bright, But let's break it down with all our might. “Charter” – it’s a word that rings true, A formal agreement, for me and you. Think of it like this, a guiding decree, From an authority, for all to see! It could be for a school, a hospital so grand, Or even a business, throughout the land. The dictionary’s right, you see it's true, It sets out why and what something will do! Purposes and privileges , let’s make them known, A foundational document, clearly shown. So, a charter is like a blueprint bold, A story of an institution to be told! Do you have any questions about this, class? Let's discuss it further!