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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:

Loans secured by chattel mortgage bring higher rates, because the chattels involved are a less certain means of payment than landed estate.

From Rural Health and Welfare by Fairchild, George Thompson

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)

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

I had a chattel mortgage, too, so I got all his fixin's.

From Vacation with the Tucker Twins by Speed, Nell

Twenty-one hundred dollars they got stung for, and they ain't got no chattel mortgage nor nothing.

From Potash & Perlmutter Their Copartnership Ventures and Adventures by Glass, Montague

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