What is another word for bank charter?
Pronunciation: [bˈaŋk t͡ʃˈɑːtə] (IPA) 
Bank charter refers to the legal permission granted by the government to a financial institution to operate. Synonyms for bank charter include banking license, financial institution charter, financial license, and banking permit. These terms all refer to the legal document that allows banks to establish a business and conduct financial transactions. They all hold the same significance in terms of granting the bank the ability to function legally and provide financial services to customers. A bank charter is necessary for banks to maintain their existence and comply with regulatory requirements, therefore synonyms for this term are important in the banking industry.
