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What is the secondary mortgage market? Definition and Meaning - Market Business News
What is the secondary mortgage market Definition and Meaning - Market Business News
Topic 6 Conventional Money Market Zzz bbb bb Course WF ppt download
Topic 6 Conventional Money Market Zzz bbb bb Course WF ppt download
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chattel mortgage definition and meaning market : Definition: Chattel mortgage is a loan extended to an individual or a company on a movable property. Here, the ‘chattel’ or the movable personal property which could be a car or a mobile home can be used as a security to extend the loan. Description: Chattel mortgages are secured loans attached ...Chattel Mortgage. A transfer of some legal or equitable right in Personal Property as security for the payment of money or performance of some other act. Chattel mortgages have generally been superseded by other types of Secured Transactions under the Uniform Commercial Code (UCC), a body of law adopted by the states that governs commercial transactions.. The rights of the lender who gives a ...Chattel mortgage is a loan arrangement in which an item of movable personal property acts as security for a loan. The movable property, or chattel, guarantees the loan, and the lender holds an ...Chattel mortgage, sometimes abbreviated CM, is the legal term for a type of loan contract used in some states with legal systems derived from English law.. Under a typical chattel mortgage, the purchaser borrows funds for the purchase of movable personal property (the chattel) from the lender.The lender then secures the loan with a mortgage over the chattel.Chattel mortgage definition: a mortgage on movable personal property | Meaning, pronunciation, translations and examplesChattel definition is - an item of tangible movable or immovable property except real estate and things (such as buildings) connected with real property. How to use chattel in a sentence. What is the Difference Between chattel and slave?Definition of chattel mortgage in the Definitions.net dictionary. Meaning of chattel mortgage. What does chattel mortgage mean? Information and translations of chattel mortgage in the most comprehensive dictionary definitions resource on the web.Chattel definition, a movable article of personal property. See more.Examples. A common example of a chattel mortgage is a car loan. The creditor lends the money to a borrower that wants to purchase or 'finance' a new or used car but does not have the funds on hand ...Chattel mortgage is used often in the credit (hire purchase) sale of automobiles or big-ticket household ... Dictionary Term of the Day Articles Subjects BusinessDictionary Business Dictionary Dictionary Toggle navigation ... Definition + Create New Flashcard; Popular Terms. Lien on the personal and movable property of a borrower, ...
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