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more about chattel
chattel |
2 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Chattel \Chat"tel\, n. [OF. chatel; another form of catel. See {Cattle}.] (Law) Any item of movable or immovable property except the freehold, or the things which are parcel of it It is a more extensive term than goods or effects. Note: Chattels are personal or real: personal are such as are movable, as goods, plate, money; real are such rights in land as are less than a freehold, as leases, mortgages, growing corn, etc {Chattel mortgage} (Law), a mortgage on personal property, as distinguished from one on real property. From WordNet r 1.6 [wn]: chattel n : any tangible movable property (furniture or domestic animals or a car etc) [syn: {personal chattel}]
more about chattel
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