chattel property
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property — prop·er·ty n pl ties [Anglo French propreté proprieté, from Latin proprietat proprietas, from proprius own, particular] 1: something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest … Law dictionary
Chattel — Personal property that is movable. Chattel can be either animate or inanimate personal property and can be borrowed against using a chattel mortgage. It typically excludes freehold land and items such as fixtures or equipment permanently attached … Investment dictionary
chattel mortgage — noun a loan to buy some personal item; the item (or chattel) is security for the loan • Hypernyms: ↑mortgage * * * noun : a mortgage of chattel property as opposed to estate * * * a mortgage on household, movable, or other personal property.… … Useful english dictionary
chattel — chat·tel / chat əl/ n [Old French chatel goods, property, from Medieval Latin capitale, from neuter of capitalis chief, principal see capital]: an item of tangible or intangible personal property; esp: chattel personal in this entry ◇ In some… … Law dictionary
chattel mortgage — see mortgage Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. chattel mortgage n … Law dictionary
Chattel mortgage — Chattel mortgage, sometimes abbreviated CM, is the legal term for a type of loan contract used in some states with legal systems derived from English law. Under a typical chattel mortgage, the purchaser borrows funds for the purchase of movable… … Wikipedia
Chattel house — is Barbadian word for a small moveable wooden house that working class people would occupy. The term goes back to the plantation days when the home owners would buy houses designed to move from one property to another. The word Chattel means… … Wikipedia
Chattel marriage — refers to a form of marriage in which the husband owned his wife, and any children of their union, in a legal relationship similar to that of slavery. The only meaningful difference was that there were a few legal restrictions to the husband s… … Wikipedia
Chattel — Chat tel, n. [OF. chatel; another form of catel. See {Cattle}.] (Law) Any item of movable or immovable property except the freehold, or the things which are parcel of it. It is a more extensive term than goods or effects. [1913 Webster] Note:… … The Collaborative International Dictionary of English
Chattel mortgage — Chattel Chat tel, n. [OF. chatel; another form of catel. See {Cattle}.] (Law) Any item of movable or immovable property except the freehold, or the things which are parcel of it. It is a more extensive term than goods or effects. [1913 Webster]… … The Collaborative International Dictionary of English
