Here's a short story:

The original Latin word "universitas" refers in general to "a number of persons associated into one body, a society, company, community, guild, corporation, etc." At the time of the emergence of urban town life and medieval guilds, specialised "associations of students and teachers with collective legal rights usually guaranteed by charters issued by princes, prelates, or the towns in which they were located" came to be denominated by this general term. Like other guilds, they were self-regulating and determined the qualifications of their members. 

An important idea in the definition of a university is the notion of academic freedom. The first documentary evidence of this comes from early in the life of the first university. The University of Bologna adopted an academic charter, the Constitutio Habita, in 1158 or 1155, which guaranteed the right of a traveling scholar to unhindered passage in the interests of education. Today this is claimed as the origin of "academic freedom". This is now widely recognised internationally - on 18 September 1988, 430 university rectors signed the Magna Charta Universitatum, marking the 900th anniversary of Bologna's foundation. The number of universities signing the Magna Charta Universitatum continues to grow, drawing from all parts of the world. (End of story)

Provide your best guess for the following question. Give ONLY the guess, no other words or explanation.

For example:

Guess: <most likely guess, as short as possible; not a complete sentence, just the guess!>

Here are a few examples of questions and answers:

Question: What was the first university?
Guess: The University of Bologna

Question: What did it put in place?
Guess: the Constitutio Habita

Question: What was that?
Guess: it guaranteed a traveling scholar unhindered passage in the interests of education

Question: When?
Guess: in 1158 or 1155

Question: What is the basis of the word university?
Guess: a number of persons associated into one body

Question: What language?
Guess: Latin

Question: What word?
Guess: universitas

Question: When did these start to form?
Guess: when urban town life emerged

Question: Were they different from other groups?
Guess: no

Question: How were they similar?
Guess: they were self-regulating and determined the qualifications of their members

Question: Did they have any rights together?
Guess: yes

Question: Why?
Guess: they were guaranteed by charters issued by princes

Question: And who else?
Guess: prelates

Question: What made them unique?
Guess: the notion of academic freedom

Question: What else defined them?
Guess: yes

Question: Is the idea of academic freedom recognized today?
Guess: yes

Now answer the following question in the same format.

Question: How was it recognized?

with the Magna Charta Universitatum