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
The company furnished these on a chattel mortgage at 7 per cent.
From A Stake in the Land by Speek, Peter A. (Peter Alexander)
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
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
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.
