Chär'ter-pär'ty, n.

n. [Fr. chartre partie, or charte partie, a divided charter, from the practice of cutting the instrument in two, and giving one part to each of the contractors. See supra.] (Com.) An agreement in writing respecting the hire of the whole or a part of a vessel, made between the owner or master and the freighter on a determined voyage, and under certain specified conditions. Abbott.