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Corporate charter

• Is a document which lists the objectives, powers, and authorities of a corporation. It indicates what the corporation can and cannot do. Some corporations have relatively narrow charters whereas other basically state that they may engage in any legal business activity. Some charters preclude speculative or outside investment activities. It is necessary to obtain a copy of a corporate charter before opening a securities, futures, or derivatives account. This is to determine whether the corporation is empowered to conduct such activities, with whom, and by whom. Corporate Charters are sometimes referred to as Articles of Incorporation.

• A legal document creating a corporation.

 
 

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 Embedded terms in definition
 Articles of incorporation
Corporation
Derivatives
Futures
Securities
 
 Related Terms
 Corporate acquisition
Corporate bond
Corporate bond equivalent
Corporate bonds
Corporate finance
Corporate financial management
Corporate financial planning
Corporate governance
Corporate processing float
Corporate resolution
Corporate restructuring
Corporate tax view
Corporate taxable equivalent
Intermediate corporate bonds

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