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Chattel mortgage   /tʃˈætəl mˈɔrgədʒ/   Listen
Chattel mortgage

noun
1.
A loan to buy some personal item; the item (or chattel) is security for the loan.






WordNet 3.0 © 2010 Princeton University








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"Chattel mortgage" Quotes from Famous Books



... so. It is as insane and inhuman to force two people to remain in wedlock after it has become odious to them, as it would be to force them into that marriage at first. Oh, my tender-hearted little one, can you not see that the bondage is more humiliating, more craven than is the idea of the veriest chattel mortgage? Yet you refuse to let the injured one go free, as you would not refuse the poorest prodigal whose one chance for home and happiness was passing ...
— A Man and a Woman • Stanley Waterloo



Words linked to "Chattel mortgage" :   mortgage



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