chattel mortgage
Americannoun
noun
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.
If the loan is a small one, usually $10,000, it may be sold entire, the chattel mortgage assigned and the note indorsed to the buyer.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
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
Sometimes the chattel mortgage sharks collect one hundred per cent, or more and the banks, which are established for the purpose of making small short-time loans, usually collect twenty to thirty per cent.
From In His Image by Bryan, William Jennings
A note secured by chattel mortgage in the nature of the security is less extended and has the distinct hardship of future payment presented in the possible loss of the chattel offered as security.
From Rural Health and Welfare by Fairchild, George Thompson
The company furnished these on a chattel mortgage at 7 per cent.
From A Stake in the Land by Speek, Peter A. (Peter Alexander)
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
