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.
The company furnished these on a chattel mortgage at 7 per cent.
From A Stake in the Land by Speek, Peter A. (Peter Alexander)
The chattel mortgage scrolls in the office of the recorder of Fraser County indicated that his printing-press no longer owed allegiance to the Honorable Morton Bassett.
From A Hoosier Chronicle by Yohn, F. C. (Frederick Coffay)
The bank loan is made on the farmer's note, generally unsecured, though often secured by a chattel mortgage.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
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
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
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.
