What is the difference between policy and charter?

Alright, listen up buttercup. A policy is a set of rules or guidelines that dictate how things should be done within an organization. A charter, on the other hand, is a formal document that outlines the purpose, mission, and structure of an organization. So basically, policies tell you how to behave, while a charter tells you what the organization is all about. Easy peasy, lemon squeezy.