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Translations for „chattel mortgage“ in the English » German Dictionary (Go to German » English)

chattel mortgage N ECON LAW

Specialized Vocabulary

Examples from the PONS Dictionary (editorially verified)

Monolingual examples (not verified by PONS Editors)

English
Personal property can often be secured with similar kind of device, variously called a chattel mortgage, trust receipt, or security interest.
en.wikipedia.org
Companies and other corporate entities may give chattel mortgages too over any tangible, movable property as security for a debt obligation.
en.wikipedia.org
He was ordered to forfeit his home and $14,000 in savings to the state, leaving him with two vehicles and one of them was subjected to a chattel mortgage.
www.chinchillanews.com.au
However, under a handful of mixed legal systems, the hypothec was imported as a non-possessory real security over movable property (in opposition to the common-law chattel mortgage).
en.wikipedia.org
Under a typical chattel mortgage, the purchaser borrows funds for the purchase of movable personal property (the chattel) from the lender.
en.wikipedia.org
In a chattel mortgage, you purchase the business equipment using funds advanced by the financier.
www.hospitalitymagazine.com.au

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