recharter

verb
re·​char·​ter | \ (ˌ)rē-ˈchär-tər How to pronounce recharter (audio) \
rechartered; rechartering; recharters

Definition of recharter

transitive verb

: to grant a new charter to Facing re-election in July 1832, President Jackson vetoed a bill to recharter the Bank of the United States.— Laura Ellyn Smith

First Known Use of recharter

1776, in the meaning defined above

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The first known use of recharter was in 1776

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to make a temporary encampment

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