chattel mortgage

/ˌtʃædl ˌmɔrgɪdʒ/
IPA guide

Other forms: chattel mortgages

Definitions of chattel mortgage
  1. noun
    a loan to buy some personal item; the item (or chattel) is security for the loan
    see moresee less
    type of:
    mortgage
    a conditional conveyance of property as security for the repayment of a loan
Cite this entry
Style:
MLA
  • MLA
  • APA
  • Chicago

Copy citation
DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘chattel mortgage'. Views expressed in the examples do not represent the opinion of Vocabulary.com or its editors. Send us feedback
Word Family