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.
He bucked off a chattel mortgage, and that's the way he come into the army.
From Si Klegg, Book 1 (of 6) His Transformation From A Raw Recruit To A Veteran by McElroy, John
"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
In equity, on the other hand, a chattel mortgage, though not good as a conveyance, is valid as an executory agreement.
From Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 1 "Châtelet" to "Chicago" by Various
The merchant is supposed to be protected against loss by the institution of the crop lien and the chattel mortgage.
From The New South A Chronicle of Social and Industrial Evolution by Thompson, Holland
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
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.