WebApr 6, 2024 · Definition. "Chattel" is a catch-all term for movable personal property or possessions, such as electronics, clothing, livestock, or cars. Owners may use chattel as collateral and borrow against it with a chattel mortgage. "Chattel" is the general term for tangible personal property that can be moved from one place to another. Webpig population. bail à cheptel. n. livestock lease. [Bus.] ***. 'cheptel' also found in translations in English-French dictionary.
Chattel Definition & Meaning YourDictionary
WebJan 7, 2024 · Chattel Slavery Origin. Chattel slavery has existed in some form for a very long time. Most notably in ancient Egypt, soldiers were captured in war or became slaves after committing serious crimes ... Webpersonal chattels means tangible movable property, other than any such property which— consists of money or securities for money, or. personal chattels means plant, machinery, office equipment, computers, vehicles, goods and other chattels, including all Fixtures, all spare parts, replacements, modifications and additions and all their ... hafen prince toronto
§ 9-102. DEFINITIONS AND INDEX OF DEFINITIONS.
WebJan 25, 2024 · Chattel Mortgage Definition. A chattel mortgage is a loan for a manufactured home or other movable piece of personal property, such as machinery or a vehicle. The movable property, called “chattel,” also acts as collateral for the loan. Basically, this means that if you default on your chattel mortgage, your creditor or lender can take ... WebSynonyms for CHATTELS: belongings, possession, things, goods, movables, stuff, moveables, holdings; Antonyms of CHATTELS: real estate, immovables WebDec 28, 2024 · A chattel mortgage is a type of mortgage used to purchase movable property, like a manufactured home, but not the land the property sits on. Lenders more commonly refer to chattel loans by the type of property being financed, such as a mobile home loan or farm equipment loan. Alternate name: Security agreement. brake master cylinder musician