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chattel mortgage

American  

noun

  1. a mortgage on household, movable, or other personal property.


chattel mortgage British  

noun

  1. a mortgage on movable personal property

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of chattel mortgage

An Americanism dating back to 1855–60

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Twenty-one hundred dollars they got stung for, and they ain't got no chattel mortgage nor nothing.

From Potash & Perlmutter Their Copartnership Ventures and Adventures by Glass, Montague

He could get 'em on the installment plan and give back a chattel mortgage, Abe.

From Potash & Perlmutter Their Copartnership Ventures and Adventures by Glass, Montague

Joe had lent Sam a hundred dollars, discounted ten per cent, for ninety days, and secured by a chattel mortgage on Sam's horse and wagon.

From Romance of California Life by Habberton, John

I didn’t know for a long time where Mr. Maxwell 298 got the money for me but after a while I discovered that he’d given a chattel mortgage on his books and personal belongings.

From Hepsey Burke by Westcott, Frank N. (Frank Noyes)

Most of their possessions had been sold, as a chattel mortgage had been given as a last resort to raise the cash for the interest.

From Two Boy Gold Miners or, Lost in the Mountains by Webster, Frank V.

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