Charterer

/ˈtʃɑrtərər/ noun

Definition

A person or company that charters (rents or hires) a ship, aircraft, or other vehicle.

Etymology

From charter plus -er suffix meaning 'one who does.' Charter from Latin charta.

Kelly Says

Medieval charterers were the first cruise operators—wealthy merchants would charter entire ships, then sublet space to other traders to maximize profit, inventing a medieval shipping consortium model.

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