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chattels

2 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

Chattel \Chat"tel\, noun [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) 3.0 (2006) [wn]:

chattel

noun

1: personal as opposed to real property; any tangible movable property (furniture or domestic animals or a car etc) [syn: {chattel}, {personal chattel}, {movable}]


Definitions retrieved from the Open Source DICT dictionary. Click here for database copyright information.