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.
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
When a loan application has been acted upon favorably, a promissory note and chattel mortgage are taken.
From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur
"I ain't give a chattel mortgage or one of them conditional bill-off-sales on so much as a tin tack."
From The Competitive Nephew by Glass, Montague
It is the opinion of Dr. J. E. Pope that fully two-thirds of the aggregate loans on live-stock chattel mortgage security are to breeders rather than to feeders, and hence are not liquid.
From The Value of Money by Anderson, Benjamin M.
Most of their possessions had been sold, as a chattel mortgage had been given as a last resort to raise the cash for the interest.
From Two Boy Gold Miners or, Lost in the Mountains by Webster, Frank V.
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.
