- chattel personal
-
chattel personal see chattel
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
chattel personal — noun (plural chattels personal) : a movable chattel (as goods, plate, or money) distinguished from chattel real * * * chattel personal, any movable article of personal property, such as an automobile, furniture, or appliances … 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 — [chat′ l] n. [ME chatel < OFr: see CATTLE] 1. a) a movable item of personal property, as a piece of furniture, an automobile, or a head of livestock: in full chattel personal b) any interest in real estate less than a freehold: in full chattel … English World dictionary
chattel — An archaic term for personal property that was common in many states before the adoption of the UCC. The term is used almost exclusively by bankers and lawyers who were trained before the adoption of the code. American Banker Glossary * * *… … Financial and business terms
personal — Appertaining to the person; belonging to an individual; limited to the person; having the nature or partaking of the qualities of human beings, or of movable property. In re Steimes Estate, 150 Misc. 279, 270 N.Y.S. 339. As to personal action… … Black's law dictionary
personal estate — noun movable property (as distinguished from real estate) • Syn: ↑personal property, ↑personalty, ↑private property • Hypernyms: ↑property, ↑belongings, ↑holding • Hyponyms … Useful english dictionary
personal property — noun movable property (as distinguished from real estate) (Freq. 2) • Syn: ↑personal estate, ↑personalty, ↑private property • Hypernyms: ↑property, ↑belongings, ↑holding … Useful english dictionary
chattel real — noun (plural chattels real) : a chattel consisting of a right in land that is less than a freehold (as a lease or a growing crop) distinguished from chattel personal * * * chattel real, an interest or lease in land not amounting to a freehold … Useful english 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