Corporate Charter
Definition of 'Corporate Charter'A written document filed with a U.S. state by the founders of a corporation detailing the major components of a company such as its objectives, its structure and its planned operations. If the charter is approved by the state government, the company becomes a legal corporation.Also referred to as "charter" and "articles of incorporation". |
|
Investopedia explains 'Corporate Charter'The details of a charter will vary based on specific regulations and the size of the company. However, at the most basic level, the charter will include the corporation's name, its purpose, the number of shares that are authorized to be issued and the names of the parties involved in the formation. This is generally the first document in the life of a corporation. |
Related Definitions
Articles Of Interest
-
Governance Pays
Learn about how the way a company keeps its management in check can affect the bottom line. -
The Basics Of Corporate Structure
CEOs, CFOs, presidents and vice presidents: learn how to tell the difference. -
Putting Management Under The Microscope
We tell you where to find the telltale signs of corporate misdeeds. -
Should You Add A Securities License To Your Qualifications?
Clients love planners who sell securities, but a securities license takes a lot of work. Learn if the stress and study are worth it. -
How To Report A Tax Cheat
If you report a tax evader to the IRS, you could be eligible for a reward. -
GAAP And The IFRS Standards Convergence Efforts In 3 Substantial Areas
Understand the specific steps that have been taken in hopes of converging the GAAP and the IFRS accounting standards, despite the philosophically and culturally based methodological differences ... -
How Much Will Your Taxes Rise Based On Your Salary?
Find out how high your taxes will rise this year. -
Department Of Justice Sues Standard & Poor's Over Mortgage Crisis - Is Moody's Next?
The U.S. Department of Justice sued Standard & Poor's and is seeking more than $5 billion in damages. -
New Tax Laws To Watch Out For In 2013
With a new year comes new laws, and in 2013 the U.S. government has implemented several changes to the tax code. -
How Does The Affordable Care Act Affect Your Taxes In 2013?
Here is a look at how the Affordable Care Act will affect your taxes in 2013 and beyond.