Charter - party

(-parte.) [From Eng. charter, and Fr.parti, divided.] (Com.and Mar. Law.) Adeed of contract or agreement by which a ship is let to a freighter, either wholly or in part, for the performance of a stated voyage under specific conditions: -in cases where no C.-p. is executed, a printed or written instrument of contract, signed by both parties, and styled a memorandum of charter-party, is of equal validity. [s. 169]