| Chattel | 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. [ 1913 Webster ] ☞ 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. [ 1913 Webster ]
Chattel mortgage (Law), a mortgage on personal property, as distinguished from one on real property. [ 1913 Webster ]
|
