| English Dictionary |
CHATTEL MORTGAGE
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| IPA (US): |  |
Dictionary entry overview: What does chattel mortgage mean?
• CHATTEL MORTGAGE (noun)
The noun CHATTEL MORTGAGE has 1 sense:
1. a loan to buy some personal item; the item (or chattel) is security for the loan
Familiarity information: CHATTEL MORTGAGE used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A loan to buy some personal item; the item (or chattel) is security for the loan
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("chattel mortgage" is a kind of...):
mortgage (a conditional conveyance of property as security for the repayment of a loan)
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"Beware of he whose goodness you can't ask for for and whose evil you can't be protected from." (Arabic proverb)
"If you marry a monkey for his wealth, the money goes and the monkey remains as is." (Egyptian proverb)