recharter

/riːˈtʃɑːrtər/
verb
  1. To grant a new charter or official authorization to an organization, replacing an old one.
    • After the merger, the company had to recharter its operations under a new name.
    • The city council voted to recharter the community center as a nonprofit.
    • The school board decided to recharter the failing academy with new leadership.
noun
  1. A new charter or official document that replaces an earlier one.
    • The organization received a recharter from the state last month.
    • The old charter expired, so they needed a recharter to continue operating.
    • They applied for a recharter to update their bylaws.
What does "recharter" mean? | whatsthatwordmean | whatsthatwordmean