A Chartered professional is a person who has gained a level of competence in a particular field of work and as such has been awarded a formal credential by an organization in recognition. It is considered a status of professional competency, and the Chartered status is awarded mainly by professional bodies viz. Bar Council etc. and learned societies. Common in the Britain and in the Commonwealth it has been adapted by organizations around the world.
Chartered status originates from and may normally only be awarded by Institutions that have been incorporated under Royal Charter by the British Monarch, hence its prevalent use in the UK and Commonwealth countries, however such is the prestige and credibility of a Chartered designation that some non-UK organisations have taken to issuing Chartered designations without Royal or Parliamentary approval.
The full title may differ from profession to profession.