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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:

It looked like a chattel mortgage on Mexico, and what paragraphs didn't commence with "to wit," started off with "do hereby."

From Kid Scanlan by Witwer, H. C. (Harry Charles)

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

Chattel Mortgage.—A chattel mortgage is a conveyance of personal property, as distinguished from real property, to secure the debt of the lender or mortgagor.

From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney

"I see," he said, "you are only the caretaker really, the brewer having an assignment of the lease and a chattel mortgage on your fixtures and stock."

From The Honorable Peter Stirling and What People Thought of Him by Ford, Paul Leicester

The chattel mortgage scrolls in the office of the recorder of Fraser County indicated that his printing-press no longer owed allegiance to the Honorable Morton Bassett.

From A Hoosier Chronicle by Yohn, F. C. (Frederick Coffay)

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