How Do You Spell SUBCHARTER?

Pronunciation: [sˈʌbt͡ʃɑːtə] (IPA)

The word subcharter is pronounced /sʌbˈtʃɑːtə/. It is a term used in the aviation industry to indicate a lease or rental agreement for a specific flight, usually involving a smaller carrier providing services to a larger carrier. The word is spelled with a "sub-" prefix indicating secondary or lower level, and "charter" indicating a contract or agreement. The spelling of the word is based on its Latin roots, with the "sub-" prefix meaning under or beneath, and "charta" meaning paper or document.

SUBCHARTER Meaning and Definition

  1. A subcharter is a contractual agreement between two parties, often referred to as the charterer and the subcharterer, in which the subcharterer leases or hires a vessel or aircraft that has already been chartered by the primary charterer from the owner or operator. This secondary lease or subcharter may occur when the primary charterer is unable to utilize the vessel or aircraft for its entirety or wants to sublease it to another party, thus creating a subcharter agreement.

    In a subcharter, the subcharterer agrees to assume the responsibilities, obligations, and rights of the primary charterer for a specific period and voyage or flight. This agreement typically outlines the terms and conditions of the subcharter, including the agreed-upon rate of payment, time of usage, stated itinerary, cargo allowances, and any other relevant provisions.

    The subcharter relationship requires cooperation and coordination between all parties involved to ensure the smooth operation and efficiency of the transportation services being rendered. It is important to note that the subcharterer does not have direct dealings with the vessel or aircraft owner but operates under the provisions set forth in the original charter agreement.

    Subcharters are commonly used in the shipping and aviation industries, where flexibility and adaptability are crucial in meeting changing demands and maximizing operational efficiency. By utilizing subcharters, charterers can optimize their assets and resources while allowing subcharterers to access transportation services without making long-term commitments or facing the challenges of vessel or aircraft ownership.

Etymology of SUBCHARTER

The word "subcharter" is derived from the combination of two roots: "sub" and "charter".The prefix "sub-" comes from Latin, where it means "under" or "below". It is commonly used in English to indicate a subordinate, secondary, or lesser level of something. For example, "subway" means a railway under the surface, "submarine" refers to a vessel under the water, and "substandard" means of lower quality.The root "charter" comes from Old French, specifically the word "chartre", which ultimately traces back to the Latin word "chartula" meaning "little paper" or "bill". In medieval times, "charter" referred to a written document or formal grant, often for specific rights or privileges. However, nowadays, it is commonly associated with a legal document that establishes the terms and conditions for the rental or lease of property or an agreement.

Conjugate verb Subcharter

CONDITIONAL

I would subcharter
you would subcharter
he/she/it would subcharter
we would subcharter
they would subcharter

CONDITIONAL CONTINUOUS

I would be subchartering
you would be subchartering
he/she/it would be subchartering
we would be subchartering
they would be subchartering

CONDITIONAL PERFECT

I would have subcharter
you would have subcharter
he/she/it would have subcharter
we would have subcharter
they would have subcharter

CONDITIONAL PERFECT CONTINUOUS

I would have been subchartering
you would have been subchartering
he/she/it would have been subchartering
we would have been subchartering
they would have been subchartering

FUTURE

I will subcharter
you will subcharter
he/she/it will subcharter
we will subcharter
they will subcharter

FUTURE CONTINUOUS

I will be subchartering
you will be subchartering
he/she/it will be subchartering
we will be subchartering
they will be subchartering

FUTURE PERFECT

I will have subchartered
you will have subchartered
he/she/it will have subchartered
we will have subchartered
they will have subchartered

FUTURE PERFECT CONTINUOUS

I will have been subchartering
you will have been subchartering
he/she/it will have been subchartering
we will have been subchartering
they will have been subchartering

IMPERATIVE

you subcharter
we let´s subcharter

NONFINITE VERB FORMS

to subcharter

PAST

I subchartered
you subchartered
he/she/it subchartered
we subchartered
they subchartered

PAST CONTINUOUS

I was subchartering
you were subchartering
he/she/it was subchartering
we were subchartering
they were subchartering

PAST PARTICIPLE

subchartered

PAST PERFECT

I had subchartered
you had subchartered
he/she/it had subchartered
we had subchartered
they had subchartered

PAST PERFECT CONTINUOUS

I had been subchartering
you had been subchartering
he/she/it had been subchartering
we had been subchartering
they had been subchartering

PRESENT

I subcharter
you subcharter
he/she/it subcharters
we subcharter
they subcharter

PRESENT CONTINUOUS

I am subchartering
you are subchartering
he/she/it is subchartering
we are subchartering
they are subchartering

PRESENT PARTICIPLE

subchartering

PRESENT PERFECT

I have subchartered
you have subchartered
he/she/it has subchartered
we have subchartered
they have subchartered

PRESENT PERFECT CONTINUOUS

I have been subchartering
you have been subchartering
he/she/it has been subchartering
we have been subchartering
they have been subchartering