federal charter
Frequency: 6.56.8 per million words
A charter granted by the federal government.
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Examples (10)
- The bank operates under a federal charter, allowing it to do business across state lines.
- The government has the authority to grant a federal charter to qualifying national institutions.
- After a lengthy process, the credit union finally received its federal charter.
- To become a national bank, the institution first needed to secure a federal charter.
- The organization's federal charter outlines its powers, responsibilities, and limitations.
- Lawmakers are debating whether to amend the corporation's federal charter.
- If the company violates the regulations, its federal charter could be revoked.
- A federal charter provides more regulatory oversight than a state one.
- The university was established in 1867 by a federal charter signed by the president.
- The process of applying for a federal charter is complex and requires extensive documentation.