time charter
C2CEFR level
90/100Rarity: very rare
TechnicalRegister
A charter under which a charterer hires a fully crewed vessel for a defined period, directing its commercial employment while the owner retains navigational control.
The time charter allowed the charterers to trade the vessel worldwide within Institute Warranty Limits.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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