charterparty
English
Alternative forms
Etymology
From French charte-partie, literally divided charter, as the practice involved dividing it in two and giving one half to each person.
Noun
charterparty (plural charterparties)
- (law) A contract between a shipowner and a merchant, under which a ship is hired for the conveyance of goods, etc.
Further reading
- charterparty on Wikipedia.Wikipedia