chattel mortgage


noun

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

Origin of chattel mortgage

An Americanism dating back to 1855–60
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for chattel mortgage

chattel mortgage


noun

US and Canadian 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