contract vs charter

contract and charter both are nouns.

Word	Noun	Adjective	Verb	Adverb
contract	Yes	No	Yes	No
charter	Yes	No	Yes	No

As nouns, charter is a hyponym of contract; that is, charter is a word with a more specific, narrower meaning than contract:

contract: a binding agreement between two or more persons that is enforceable by law
charter: a contract to hire or lease transportation

As verbs, charter is a hyponym of contract; that is, charter is a word with a more specific, narrower meaning than contract:

Other hyponyms of contract include stipulate, sign, condition, qualify, specify, stipulate, lease, rent, hire, lease, rent.

contract (noun)	charter (noun)
a variety of bridge in which the bidder receives points toward game only for the number of tricks he bid	a document incorporating an institution and specifying its rights; includes the articles of incorporation and the certificate of incorporation
a binding agreement between two or more persons that is enforceable by law	a contract to hire or lease transportation
(contract bridge) the highest bid becomes the contract setting the number of tricks that the bidder must make

contract (verb)	charter (verb)
be stricken by an illness, fall victim to an illness	engage for service under a term of contract
make or become more narrow or restricted	grant a charter to
become smaller or draw together	hold under a lease or rental agreement; of goods and services
reduce in scope while retaining essential elements
compress or concentrate
enter into a contractual arrangement
make smaller
squeeze or press together
engage by written agreement