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chattel mortgage
(redirected from chattel mortgages)

    Also found in: Legal, Financial, Wikipedia 0.07 sec.
chattel mortgage
n.
A mortgage using movable personal property rather than real estate as security.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.chattel mortgage - a loan to buy some personal item; the item (or chattel) is security for the loan
mortgage - a conditional conveyance of property as security for the repayment of a loan
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Moreover, we expected that conditions would be the most severe in markets across the Southeast because of their traditional reliance on chattel mortgages.
Cavalier Announces Fourth Quarter and Year-End 2003 Results; Cavalier ... by Business Wire
Given our focus on Southeastern markets, a region that has traditionally relied on chattel mortgages for the purchase of manufactured housing, these adverse conditions have translated into even greater hurdles for Cavalier," he continued.
Cavalier Announces Year-End 2002 Results by Business Wire
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