chattel


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Related to chattel: chattel mortgage, Chattel Paper

Chattel

An item of Personal Property that is movable; it may be animate or inanimate.

Chattels are synonymous with goods or personalty.

chattel

n. an item of personal property which is movable, as distinguished from real property (land and improvements).

chattel

noun asset, belonging, commodity, effect, equipment, fortune, holding, movable article of property, movables, personal effect, personalty, possession, resource, trapping, valuable
Associated concepts: action to recover a chattel, chattel innerest, chattel mortgage, chattel trust, chattels real, conneyance of a chattel, household chattels, lien upon a chattel, personal chattels, personal property
Foreign phrases: Catalla juste possessa amitti non possunt.Chattels justly possessed cannot be lost. Catalla repptantur inter minima in lege. Chattels are considered in law of lesser importance.
See also: holding, merchandise, possession, property

chattel

in English law, any property other than freehold land. Interests in land that are not freehold maybe called chattels real. Moveable corporeal articles of property are chattels personal. See GOODS.
References in classic literature ?
I on the contrary affirm that I am still blind; for when I lost the use of my eyes, I saw in my house various chattels and valuable goods: but now, though he swears I am cured of my blindness, I am not able to see a single thing in it.
there are some folk who have no fear of Domesday in them, and no sign of grace in their souls, for ever clutching and clawing at another man's chattels.
And Tom was soon deep in Arthur's goods and chattels, all new, and good enough for a fifth-form boy, and hardly thought of his friends outside till the prayer-bell rang.
I did not appear but through this agent I forced the foreclosure, and but few days (no more, believe me, than the law allowed) were given John Claverhouse to remove his goods and chattels from the premises.
getting our chattels together) struck into another to resume our flight.
Meanwhile the gallant Jos had agreed to escort his sister and the Major's wife, the bulk of whose goods and chattels, including the famous bird of paradise and turban, were with the regimental baggage: so that our two heroines drove pretty much unencumbered to Ramsgate, where there were plenty of packets plying, in one of which they had a speedy passage to Ostend.
Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac issued and purchased manufactured-housing asset-backed securities--including personal, or chattel, loans--and they faced large losses, particularly for loans from 1999 and later.
Here, the author (associate professor of literature and an affiliated faculty member of Ethnic Studies at the University of California, San Diego) argues that the incarceration of Black people and other historically repressed groups in chain gangs, peon camps, prison plantations, and penitentiaries represents a ghostly perpetuation of chattel slavery.
The older version gives a six-factor test to determine if a secured party has control of electronic chattel paper, while the 2013 version retains the six-factor test, further adding a general test to observe the secured party to whom the chattel paper was assigned.
Among specific topics are leases of goods, perfection by possession, perfection on investment property and deposit accounts, sales and other transfers of collateral, chattel paper and account financing, and the foreclosure sale.
It simply makes selling oneself as chattel more fashionable.
Prior possessors have superior chattel rights to those of the finder unless those rights were acquired illegally, such as by stealing.