chattel
Definition
Transferable personal property. It includes leasehold land (called chattel real) and furniture, jewelry, movable machinery, rights (such as copyright and patents), securities, vehicles, etc., (called chattel personal), but excludes freehold land and items such as fixtures or equipment permanently affixed to a building or the ground.
chattel is in the Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
chattel appears in the definitions of the following terms: replevin and chattel real
chattel appears in these other terms: chattel mortgage, chattel personal, chattel paper
This content can be found on the following page:
http://www.businessdictionary.com/definition/chattel.html
email to a friend
print this definition
cite this definition
link to this page







