A chartered company is an association of investors or shareholders that is incorporated and granted rights by royal charter for the purpose of trade, exploration or colonization, or some combination of these purposes.
Cross-Tradition Connections
Associated With
The chartered company was an early form of the modern business corporation, granted its legal personality and privileges directly by a sovereign charter.
Mercantilist economic policy relied on chartered companies as its principal instrument for conducting state-sponsored overseas trade and colonization.
Chartered companies and guilds are both historical forms of legally privileged commercial association; the guild organized artisans and traders within a single town while the chartered company organized long-distance and colonial trade.
Sources
List of chartered companies (Wikipedia)
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A chartered company is an association with investors or shareholders that is incorporated and granted rights by royal charter for the purpose of trade, exploration, or colonization, or a combination of these.
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